Housing costs in Midway?
A typical home costs
$79,700, which is 76.4% less expensive than the national average of
$338,100 and 62.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Midway costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford Midway?
To live comfortably in Midway (zip 36053), Alabama, a minimum annual income of
$15,120 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Midway?
The cost of living in 36053 Midway, AL is relatively low compared to many other areas in the United States. The median home value in this area is $97,900, which is significantly lower than the national average. Rent for a one-bedroom apartment averages around $525 each month, and groceries are fairly inexpensive as well. Utilities are also quite affordable, with an average electricity bill of about $120 per month. All in all, Midway is an attractive option for budget-conscious individuals looking to settle down and call this charming town home.