Housing costs in Slocomb?
A typical home costs
$107,100, which is 68.3% less expensive than the national average of
$338,100 and 50.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Slocomb 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 Slocomb?
To live comfortably in Slocomb, Alabama, a minimum annual income of
$20,520 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Slocomb?
The cost of living in Slocomb, AL is relatively low compared to other parts of the country. According to one index, Slocomb's overall cost of living is 8% lower than the U.S. average. Housing expenses are especially low in Slocomb; the median home price is $87,200, and rent costs an average of $619 per month. In addition, groceries cost around 10% less than the national average and utilities are 7% cheaper. All in all, living in Slocomb can be both comfortable and affordable.