Housing costs in Pike?
A typical home costs
$147,400, which is 56.4% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Pike costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 5.6% cheaper than the state average of
$940.
Can I afford Pike?
To live comfortably in Pike Alab County, Alabama, a minimum annual income of
$28,080 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Pike?
Pike County, AL is known for its affordability and low cost of living. According to the US average Cost of Living index, Pike County has a score of 77.1, which is 23.9 points lower than the national average of 100. This means that overall costs in Pike are much lower than other areas of the country, making it an attractive option for those looking to save money when it comes to basic necessities like groceries and utilities. Furthermore, the median home value in Pike is around $147,400 compared to the national average of $338,100 - nearly half! This makes it a great choice for those looking for an affordable place to live without sacrificing quality or amenities.