Housing costs in Falkville?
A typical home costs
$167,200, which is 50.5% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Falkville costs
$890 per month, which is 5.3% cheaper than the national average of
$940 and 10.1% more than the state average of
$800.
Can I afford Falkville?
To live comfortably in Falkville (zip 35622), Alabama, a minimum annual income of
$32,040 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Falkville?
The cost of living in 35622 Falkville, AL is quite reasonable compared to the national average. The overall cost of living index for the area is 83.2, which is 17.8% lower than the national average. Renters can expect to pay an average of $631 per month on housing costs, which is 6% lower than the national median rent price of $673. Groceries and utilities are also significantly cheaper in the area with grocery prices being 14.9% lower than the national average and utility prices being 16.2% lower than the national average. With such affordable costs, it's no wonder that 35622 Falkville has become a popular destination for those looking for a great combination of affordability and quality of life.