Housing costs in Alexandria?
A typical home costs
$152,500, which is 54.9% less expensive than the national average of
$338,100 and 17.5% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Alexandria costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 11.1% cheaper than the state average of
$1,000.
Can I afford Alexandria?
To live comfortably in Alexandria Louisi Metro Area, Louisiana, a minimum annual income of
$29,160 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Alexandria?
The cost of living in the Alexandria, LA Metro Area is 84.6, which is significantly lower than the US average of 100. This can be seen as an attractive feature to potential residents and is likely due to lower home prices in the area. The median house value for the area is $152,500, which is less than half of the national average of $338,100. With this budget-friendly housing option combined with a relatively low cost of living index, Alexandria may be an ideal place to live for people looking for an affordable metropolitan area without sacrificing amenities and services.