Housing costs in Luverne?
A typical home costs
$126,400, which is 62.6% less expensive than the national average of
$338,100 and 40.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Luverne costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$940.
Can I afford Luverne?
To live comfortably in Luverne (zip 36049), Alabama, a minimum annual income of
$24,120 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Luverne?
The cost of living in 36049 Luverne, AL is quite affordable. The overall cost of living index is 87 which is 13% lower than the US average. Groceries, housing and utilities are all much more affordable than the national average. Property taxes are also very low, making owning a home in this area even more attractive for potential homeowners. With its low costs and small-town charm, it's no wonder 36049 Luverne, AL is a great place to call home.