Housing costs in Montgomery?
A typical home costs
$149,800, which is 55.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Montgomery costs
$1,430 per month, which is 52.1% more than the national average of
$940 and 31.5% more than the state average of
$980.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 36113), Alabama, a minimum annual income of
$28,800 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Montgomery?
Living in 36113 Montgomery, AL has a moderate cost of living compared to other areas in the United States. In comparison to the national average, housing expenses such as rent or mortgages are 8% lower and overall costs of goods and services are 6% lower. This makes it an attractive option for those looking for affordable living without sacrificing quality of life. The area also offers a wide variety of amenities including fine dining establishments, cultural attractions, world class entertainment venues, and outdoor activities. Additionally, Montgomery is home to several universities and colleges offering top-notch educational opportunities to students from around the country. In short, 36113 Montgomery, AL offers residents a great balance of affordability and lifestyle options that make it an ideal place to live.