Megargel, AL Cost of Living


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United States / Alabama / No Metro Area / Monroe County / Megargel / Zip Codes

Megargel cost of living score
72.6
Less expensive
27.4% lower
than the US average
13.7% lower
than the Alabama average
Megargel, Alabama gets a BestPlaces Cost of Living score of 72.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.4% lower than the U.S. average and 13.7% higher than the average for Alabama.

Megargel, AL

Housing costs in Megargel?
A typical home costs $116,800, which is 65.5% less expensive than the national average of $338,100 and 45.4% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Megargel costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 28.8% cheaper than the state average of $940.

Can I afford Megargel?
To live comfortably in Megargel, Alabama, a minimum annual income of $22,320 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Megargel?
The cost of living in Megargel, AL is relatively low compared to other areas. Housing prices are very affordable and the average home price is around $80,000. Groceries and other necessities are also inexpensive, making it a great place for those on a budget. The median income in the area is around $45,000, so with careful budgeting most families can make ends meet. Overall, Megargel, AL has a lot to offer those looking for an affordable place to live.
   Cost of living score
     CategoriesMegargelAlabamaUnited States
  72.684.1100.0
  9594.4100
  116.7118.9100.0
  36.156.6100.0
  $116,800$214,000$338,100
  99.6%101.2%100.0%
  77.885.9100.0
  61.371.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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