Housing costs in Fairhope?
A typical home costs
$420,700, which is 24.4% more expensive than the national average of
$338,100 and 96.6% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fairhope costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 34.3% more than the state average of
$940.
Can I afford Fairhope?
To live comfortably in Fairhope, Alabama, a minimum annual income of
$80,640 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Fairhope?
Fairhope, AL is known for its affordable cost of living. The median home value is $219,400, which is significantly lower than the national average. Additionally, the cost of goods and services in Fairhope is 6% lower than the national average. This makes Fairhope an ideal location for those looking to stretch their dollar while still enjoying all that the city has to offer. From excellent restaurants to amazing outdoor activities, Fairhope provides residents with plenty of entertainment options without breaking the bank.