Housing costs in Monroeville?
A typical home costs
$121,800, which is 64.0% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Monroeville 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 Monroeville?
To live comfortably in Monroeville, Alabama, a minimum annual income of
$23,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Monroeville?
Monroeville, AL is a great place to settle down for those who are looking for a low cost of living. The median household income in Monroeville is $29,237 per year and the median home value is $51,800. The cost of rent is very affordable, with one bedroom apartments averaging around $600 per month and three bedrooms averaging around $800 per month. All other living expenses such as utilities also remain low due to the rural nature of the city. Overall, Monroeville offers an excellent cost of living that makes it attractive to families who are looking for an affordable place to settle down and call home.