Housing costs in Cleveland?
A typical home costs
$210,300, which is 37.8% less expensive than the national average of
$338,100 and 1.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Cleveland costs
$850 per month, which is 9.6% cheaper than the national average of
$940 and 24.7% cheaper than the state average of
$1,060.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 35049), Alabama, a minimum annual income of
$40,320 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in 35049 Cleveland, AL is quite reasonable. The median home price is around $81,000, which is much lower than the national average of $217,000. The median household income here is about $46,000 per year and the unemployment rate is at 5%. This suggests that the local economy has been doing relatively well compared to other areas. Additionally, groceries, utilities, and transportation costs are all below the national average as well. Overall, 35049 Cleveland offers a great balance between affordable living costs and quality amenities.