Housing costs in Lowndesboro?
A typical home costs
$166,500, which is 50.8% less expensive than the national average of
$338,100 and 22.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lowndesboro costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$940.
Can I afford Lowndesboro?
To live comfortably in Lowndesboro, Alabama, a minimum annual income of
$32,040 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lowndesboro?
Lowndesboro, AL has an affordable cost of living. The overall cost of living index is about 80, which is 20% lower than the national average. Rent in Lowndesboro is very reasonable, with one bedroom apartments averaging around $550 per month. Utilities and groceries are also quite inexpensive compared to other areas of the country. With all these savings, you can enjoy a high quality of life while going easy on your wallet.