Housing costs in Madison?
A typical home costs
$324,600, which is 4.0% less expensive than the national average of
$338,100 and 51.7% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Madison costs
$1,470 per month, which is 56.4% more than the national average of
$940 and 29.9% more than the state average of
$1,030.
Can I afford Madison?
To live comfortably in Madison (zip 35757), Alabama, a minimum annual income of
$62,280 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in 35757 Madison, AL is relatively low compared to other parts of the country. The median home value is around $189,500; this is considered to be very reasonable when compared to the national average. Prices for groceries and other necessities are also lower than average. Additionally, utilities such as electricity and water are cheaper than the US averages. Overall, 35757 Madison offers a great balance between affordability and quality of life that make it an attractive place to live.