Housing costs in Florence?
A typical home costs
$141,800, which is 58.1% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Florence costs
$820 per month, which is 12.8% cheaper than the national average of
$940 and close to the state average of
$810.
Can I afford Florence?
To live comfortably in Florence (zip 35630), Alabama, a minimum annual income of
$27,000 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in 35630 Florence, AL is relatively low compared to other parts of the United States. According to Best Places, the cost of living index is 81.4, which is 19.6% lower than the national average. Renters and homeowners alike can enjoy affordable housing costs in Florence as the median home value is $95,800 and monthly rent hovers around $752 a month. Utilities are also reasonable with electricity costing around 11.02 cents per kWh and natural gas hovering around 1.33 cents per therm on average. Additionally, groceries are also fairly cheap with a gallon of milk costing about $3 and a dozen eggs setting you back $2 - making it easy to stretch your hard-earned money further in this Alabama town!