Housing costs in Elmore?
A typical home costs
$203,800, which is 39.7% less expensive than the national average of
$338,100 and 4.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Elmore costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$940.
Can I afford Elmore?
To live comfortably in Elmore, Alabama, a minimum annual income of
$38,880 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Elmore?
The cost of living in Elmore, AL is relatively affordable compared to other parts of the country. The median home value is $152,400, which is significantly lower than the national average. The median rent for a one-bedroom apartment is only $730 per month, which makes it accessible to a wide range of incomes. Furthermore, groceries are also very affordable in Elmore; you can buy enough food to feed a family of four for around $200 per week. Overall, Elmore offers great affordability for those looking for an affordable place to live.