Housing costs in Our Town?
A typical home costs
$162,600, which is 51.9% less expensive than the national average of
$338,100 and 24.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Our Town 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 Our Town?
To live comfortably in Our Town, Alabama, a minimum annual income of
$31,320 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Our Town?
The cost of living in Our Town, AL is relatively affordable compared to other cities and towns in the area. Housing costs are quite reasonable, with average home prices ranging from $150,000 to $200,000 depending on the size and location of the home. Grocery stores provide a wide selection of foods at competitive prices, while utility bills remain steady throughout the year. Transportation costs can be kept low as most areas are within walking distance of public transportation options and major highways. Overall, Our Town offers a great value for its residents when it comes to cost of living.