Housing costs in Ohatchee?
A typical home costs
$169,900, which is 49.7% less expensive than the national average of
$338,100 and 20.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Ohatchee costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 22.1% cheaper than the state average of
$940.
Can I afford Ohatchee?
To live comfortably in Ohatchee, Alabama, a minimum annual income of
$32,400 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Ohatchee?
The cost of living in Ohatchee, AL is quite reasonable compared to the rest of Alabama. The overall cost of living index for Ohatchee is 88.1, which is 12% lower than the average for all of Alabama and 8% lower than the national average. This relatively low cost of living makes it an attractive city to live in for people who are looking for affordable housing options or who need to stretch their income further. The median home price in Ohatchee is $160,000, which is much less than many other areas of Alabama, making it a good option for first-time buyers or those on a budget. Property taxes are also quite low compared to other cities in Alabama, with an average rate of just 0.69%. In addition to this, groceries, healthcare and utilities are all quite affordable in Ohatchee as well. All in all, there’s no doubt that the cost of living in Ohatchee, AL is very attractive and should be considered by anyone interested in finding a great place to live or retire.