Housing costs in Collinsville?
A typical home costs
$170,600, which is 49.5% less expensive than the national average of
$338,100 and 20.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Collinsville costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 40.3% cheaper than the state average of
$940.
Can I afford Collinsville?
To live comfortably in Collinsville, Alabama, a minimum annual income of
$32,760 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Collinsville?
Collinsville, AL is known for its low cost of living. The median home value in Collinsville is around $95,000, which is significantly lower than the national median average of $231,200. Additionally, the estimated median household income in Collinsville is around $35,500 per year – much lower than the national average of $61,937. This makes it a great place to live if you're looking for an affordable place to call home. Furthermore, utility prices are relatively low with an average electric bill at about $121 per month and gas bill at just over $50 per month. All in all, the cost of living in Collinsville is much lower than the majority of other cities and towns across the country.