Housing costs in Fort Payne?
A typical home costs
$170,100, which is 49.7% less expensive than the national average of
$338,100 and 20.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fort Payne costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$940.
Can I afford Fort Payne?
To live comfortably in Fort Payne, Alabama, a minimum annual income of
$32,760 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Fort Payne?
Fort Payne, AL is known as the \Gateway to Lookout Mountain\ and is a great place to live with affordable cost of living. The cost of living in Fort Payne is approximately 9% lower than the national average, making it an attractive option for families looking to relocate. Housing prices are quite reasonable, with an average home costing around $125,000 compared to nearby cities such as Huntsville or Birmingham which have higher prices. Utilities and groceries are also relatively inexpensive in Fort Payne, allowing residents to save money on everyday expenses. With its mild weather and low cost of living, Fort Payne makes a great destination for those looking for a pleasant and affordable place to call home.