
Housing costs in Alabaster?
A typical home costs
$258,200, which is 23.6% less expensive than the national average of
$338,100 and 20.7% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Alabaster costs
$1,220 per month, which is 29.8% more than the national average of
$940 and 13.1% more than the state average of
$1,060.
Can I afford Alabaster?
To live comfortably in Alabaster (zip 35007), Alabama, a minimum annual income of
$49,320 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Alabaster?
The cost of living in 35007 Alabaster, AL is quite reasonable compared to other areas in the country. According to BestPlaces, the cost of living index in the area is 96.49, which is 4.51% lower than the U.S. average. This means that the cost of basic necessities like groceries and utilities are lower than most other places in America. The median list price for a home in Alabaster is $246,800, which is slightly above the national median of $232,200 but still much more affordable than many other parts of the country. Renters can expect to pay an average monthly rent of about $1,037, which is significantly lower than national averages and makes it a great option for anyone looking for affordable housing options outside of major cities.