Housing costs in Elmore?
A typical home costs
$227,200, which is 32.8% less expensive than the national average of
$338,100 and 6.2% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Elmore costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 4.1% more than the state average of
$940.
Can I afford Elmore?
To live comfortably in Elmore Alab County, Alabama, a minimum annual income of
$43,560 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Elmore?
Living in Elmore, AL County is much more affordable than the average US cost of living. The median value for a house in Elmore is $227,200 which is significantly less than the US average of $338,100. Additionally, the Cost of Living Index (COLI) in Elmore is 89.9 compared to the US average of 100. This means that goods and services tend to be about 10% cheaper than the national average when living in Elmore county. Therefore, those looking to save on their housing costs should seriously consider Elmore as an affordable option for relocation.