Housing costs in Elba?
A typical home costs
$111,600, which is 67.0% less expensive than the national average of
$338,100 and 47.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Elba costs
$810 per month, which is 13.8% cheaper than the national average of
$940 and close to the state average of
$800.
Can I afford Elba?
To live comfortably in Elba (zip 36323), Alabama, a minimum annual income of
$21,240 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Elba?
The cost of living in Elba, AL zip code 36323 is quite affordable. The overall cost of living index is lower than the US average, making housing costs and general expenses significantly lower compared to other cities. In addition, utilities are typically inexpensive in this area adding to the cost savings for residents. This combination makes it an attractive place to live with a budget-friendly lifestyle.