Housing costs in Petrey?
A typical home costs
$86,400, which is 74.4% less expensive than the national average of
$338,100 and 59.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Petrey 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 Petrey?
To live comfortably in Petrey, Alabama, a minimum annual income of
$16,560 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Petrey?
The cost of living in Petrey, AL is quite reasonable. The median home value in the city is $99,500, and rent averages around $800 per month. Utilities are also affordable, with the average family spending just under $200 a month on electricity alone. Groceries and gas prices are about what you would expect for a small town in the south, with the average family of four spending just over $400 each month on food and fuel. Overall, Petrey offers an affordable cost of living that is further bolstered by a low unemployment rate and strong job market.