Housing costs in Florence-Muscle Shoals?
A typical home costs
$178,400, which is 47.2% less expensive than the national average of
$338,100 and 16.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Florence-Muscle Shoals costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 16.0% cheaper than the state average of
$940.
Can I afford Florence-Muscle Shoals?
To live comfortably in Florence-Muscle Shoals Alab Metro Area, Alabama, a minimum annual income of
$34,200 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Florence-Muscle Shoals?
The cost of living in Florence-Muscle Shoals, AL Metro Area is significantly lower than the US average. According to data obtained through research, the median house value in the area is $178,400 and the cost of living is 80.8 compared to the US average of 100. This means that it is more affordable for individuals and families to purchase a home and live comfortably in Florence-Muscle Shoals than in many other areas of the United States. The area also offers access to amenities such as restaurants, shopping centers, entertainment venues, and more - making it a great place to live for those who desire a lower cost of living without sacrificing quality of life.