Housing costs in Foley?
A typical home costs
$276,300, which is 18.3% less expensive than the national average of
$338,100 and 29.1% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Foley costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 6.9% more than the state average of
$940.
Can I afford Foley?
To live comfortably in Foley, Alabama, a minimum annual income of
$52,920 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Foley?
Foley, AL is a great place to live if you are looking for an affordable cost of living. The overall cost of living in the area is quite low, with an average household expenditure being about 5% below the United States average. Housing costs are particularly low, making this area ideal for those on a budget. Rent prices are typically lower than neighboring cities and counties, and purchasing a home is far more cost-effective than many other places around the country. With numerous amenities nearby such as shopping centers, restaurants, and recreational areas, Foley offers everything you need at an affordable price point.