Housing costs in Five Points?
A typical home costs
$136,800, which is 59.5% less expensive than the national average of
$338,100 and 36.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Five Points costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 23.7% cheaper than the state average of
$940.
Can I afford Five Points?
To live comfortably in Five Points (zip 36855), Alabama, a minimum annual income of
$26,280 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Five Points?
The cost of living in 36855 Five Points, AL is quite affordable compared to other cities. The median home value is $109,500 and the median household income is about $44,000. This allows for the average family to comfortably live within their means. Additionally, groceries in Five Points are about 8% lower than the national average. Utilities are also generally affordable as electricity costs an average of $117 per month while natural gas costs around $75 per month. With its low property taxes and overall reasonable cost of living, Five Points is a great place to call home.