Housing costs in Fairhope?
A typical home costs
$423,600, which is 25.3% more expensive than the national average of
$338,100 and 97.9% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fairhope costs
$1,370 per month, which is 45.7% more than the national average of
$940 and 11.7% more than the state average of
$1,210.
Can I afford Fairhope?
To live comfortably in Fairhope (zip 36532), Alabama, a minimum annual income of
$81,000 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Fairhope?
The cost of living in 36532 Fairhope, AL is higher than the national average. According to data collected by BestPlaces, the overall cost of living in 36532 is 22.3% higher than the US average. Housing costs make a large portion of this cost difference, with real estate prices being an average of 32.8% higher than the national average; on top of that, rents are 25% higher than the US average as well. Other costs such as groceries and utilities also make up a small portion of the higher cost of living in this area.