Housing costs in Springville?
A typical home costs
$319,400, which is 5.5% less expensive than the national average of
$338,100 and 49.3% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Springville costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$940.
Can I afford Springville?
To live comfortably in Springville, Alabama, a minimum annual income of
$61,200 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Springville?
The cost of living in Springville, AL is quite affordable. The median home price is around $110,000, which is quite a bit lower than the national average. Renters also benefit from the low cost of living in Springville as the average rent for a two-bedroom apartment is just over $800 per month. Groceries are also reasonable, with an average grocery bill of about $50 for one week. Additionally, utility and other living costs are quite low compared to most places in the US. All in all, living in Springville is relatively inexpensive and provides great value for its residents.