Housing costs in Glencoe?
A typical home costs
$169,500, which is 49.9% less expensive than the national average of
$338,100 and 20.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Glencoe costs
$730 per month, which is 22.3% cheaper than the national average of
$940 and 5.5% cheaper than the state average of
$770.
Can I afford Glencoe?
To live comfortably in Glencoe (zip 35905), Alabama, a minimum annual income of
$32,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Glencoe?
The cost of living in 35905 Glencoe, AL is relatively low compared to many other areas in the United States. The median home value for the area is $125,000 and the median rent price is only $750 per month. This means that individuals and families can enjoy a more affordable lifestyle while still having access to basic amenities like groceries, medical care, and entertainment. Additionally, the estimated household income for this area reflects a lower than average cost of living with an average household income of just over $40,000 per year. Despite a lower cost of living compared with other parts of the US, 35905 Glencoe still has plenty to offer in terms of quality education, natural beauty, and recreational activities.