Housing costs in Fort Payne?
A typical home costs
$178,900, which is 47.1% less expensive than the national average of
$338,100 and 16.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fort Payne costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 28.8% cheaper than the state average of
$940.
Can I afford Fort Payne?
To live comfortably in Fort Payne (zip 35968), Alabama, a minimum annual income of
$34,200 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Fort Payne?
The cost of living in 35968 Fort Payne, AL is relatively low when compared to the rest of the country. The overall cost of living index is 85.8, which is 15.2% lower than the national average. The median household income in Fort Payne is $34,470 and the median home value is $95,400. Utility costs are also below the national average, making it more affordable for residents to manage their monthly expenses. Overall, Fort Payne offers a great quality of life at an affordable price point.