Housing costs in Boykin?
A typical home costs
$127,500, which is 62.3% less expensive than the national average of
$338,100 and 40.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Boykin costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 4.4% cheaper than the state average of
$940.
Can I afford Boykin?
To live comfortably in Boykin (zip 36723), Alabama, a minimum annual income of
$24,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Boykin?
The cost of living in 36723 Boykin, AL is quite affordable. According to BestPlaces, the cost of living index for the area is 80.3, which is lower than the US average of 100. Additionally, median home prices in 36723 are greatly below the national average, at $83,600 compared to $184,700 across the country. The area also offers low taxes with no state income tax and low property taxes that amount to 0.52% of assessed value. In terms of utility costs, electricity in Boykin averages slightly higher than the US average at .12 per kWh but this is offset by lower-than-average gas and water costs. All in all, 36723 Boykin provides an affordable cost of living for its residents.