Good Hope, AL Cost of Living


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How much do I need to live in Good Hope, Alabama?
$3,300 / month
for a family, 38.9% less expensive than the national average A total of $39,600 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Good Hope cost of living score
81.3
Less expensive
18.7% lower
than the US average
3.3% lower
than the Alabama average
Good Hope, Alabama gets a BestPlaces Cost of Living score of 81.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.7% lower than the U.S. average and 3.3% higher than the average for Alabama.

Good Hope, AL

Housing costs in Good Hope?
A typical home costs $205,900, which is 39.1% less expensive than the national average of $338,100 and 3.8% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Good Hope costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 16.0% cheaper than the state average of $940.

Can I afford Good Hope?
To live comfortably in Good Hope, Alabama, a minimum annual income of $39,600 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Good Hope?
Good Hope, AL is a great place to live for those looking for an affordable cost of living. The average rent for a one bedroom apartment in Good Hope is about $600 per month and groceries are very reasonable at local grocery stores. Overall, the cost of living here is much lower than most other cities in the state, making it an ideal place to settle down and start a family or establish a business.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGood HopeAlabamaUnited States
    Unlock84.1100.0
  95.3  Unlock100.0
    Unlock118.9100.0
  51.1  Unlock100.0
    Unlock$214,000$338,100
  99.3  Unlock100.0
    Unlock85.9100.0
  69.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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