Housing costs in Roanoke?
A typical home costs
$116,000, which is 65.7% less expensive than the national average of
$338,100 and 45.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Roanoke 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 Roanoke?
To live comfortably in Roanoke, Alabama, a minimum annual income of
$22,320 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Roanoke?
Roanoke, AL has a low cost of living compared to the national average. The overall cost index is about 84, meaning that it is 16% lower than the national average. Groceries, housing, and healthcare costs are all below the national median. A one bedroom apartment can be found for around $500 per month and utilities usually run between $100-$150. Groceries in Roanoke typically range from $200-$400 depending on how much food you're purchasing and preparing meals at home. Healthcare expenses tend to be cheaper due to the abundance of clinics and hospitals in the area, with most basic services costing less than $50 per visit.