
Housing costs in Goodwater?
A typical home costs
$114,900, which is 66.0% less expensive than the national average of
$338,100 and 46.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Goodwater costs
$750 per month, which is 20.2% cheaper than the national average of
$940 and close to the state average of
$750.
Can I afford Goodwater?
To live comfortably in Goodwater (zip 35072), Alabama, a minimum annual income of
$21,960 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Goodwater?
The cost of living in 35072 Goodwater, AL is relatively affordable compared to other towns in the state. According to BestPlaces, the cost of living index in Goodwater is 82.4, which is 18.6 points lower than the average for Alabama as a whole. This means that goods and services such as groceries, housing, health care, utilities, transportation and more are all priced considerably lower than they would be elsewhere in the state. As a result, living in Goodwater can provide residents with considerable savings while still giving them access to all of the amenities and attractions of a larger city without having to pay higher costs associated with living there.