Housing costs in Glenwood?
A typical home costs
$107,100, which is 68.3% less expensive than the national average of
$338,100 and 50.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Glenwood costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$940.
Can I afford Glenwood?
To live comfortably in Glenwood (zip 36034), Alabama, a minimum annual income of
$20,520 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Glenwood?
The cost of living in 36034 Glenwood, AL is relatively low. According to Best Places, the cost of living index in this area is 82.7, which is 18.3 points lower than the national average. This means that general living expenses in this area are typically less expensive than other areas in the United States. Additionally, housing costs are especially low with a median home price of $105,700 and median rent of just $626 per month. With such low costs for necessities like food, transportation, and housing, the cost of living in 36034 Glenwood, AL can be very attractive to those looking to save money on their everyday expenses while still enjoying a comfortable lifestyle.