Housing costs in Powell?
A typical home costs
$140,700, which is 58.4% less expensive than the national average of
$338,100 and 34.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Powell 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 Powell?
To live comfortably in Powell, Alabama, a minimum annual income of
$27,000 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Powell?
The cost of living in Powell, AL is quite affordable. The median home value is approximately $92,800, which is lower than the national average. The average household income is under $50,000 per year. Prices for basic necessities such as food and fuel are generally much lower than other parts of the country. On average, renters can expect to pay around $600-$900 per month for a one bedroom apartment or house. Transportation costs are also relatively low, thanks to the town’s close proximity to major highways and other towns in the area. Overall, living in Powell, AL provides great value for an excellent quality of life.