Housing costs in Monroeville?
A typical home costs
$125,300, which is 62.9% less expensive than the national average of
$338,100 and 41.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Monroeville 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 Monroeville?
To live comfortably in Monroeville (zip 36460), Alabama, a minimum annual income of
$24,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Monroeville?
The cost of living in 36460 Monroeville, AL is slightly below the national average. According to Sperling's Best Places, the median home cost in Monroeville is around $86,400 which is 15.9% lower than the national average. The overall cost of living index for Monroeville is 81.7 compared to the national average of 100, making it an affordable place to live in Alabama. Additionally, taxes are relatively low in Monroeville with a combined state and local sales tax rate at 8%. This makes it a great option for those looking for a more affordable lifestyle without sacrificing quality of life.