Housing costs in New Hope?
A typical home costs
$177,000, which is 47.6% less expensive than the national average of
$338,100 and 17.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in New Hope costs
$910 per month, which is 3.2% cheaper than the national average of
$940 and 13.2% cheaper than the state average of
$1,030.
Can I afford New Hope?
To live comfortably in New Hope (zip 35760), Alabama, a minimum annual income of
$33,840 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about New Hope?
The cost of living in 35760 New Hope, AL is quite affordable compared to other cities in the United States. According to BestPlaces.net, the cost of living index for this area is 82.8, which is 18.2 points lower than the national average. This means that housing and goods and services are generally cheaper here than most other parts of the country. The median home price here is around $145,000, which is significantly lower than many other places in Alabama and across the nation. Overall, 35760 New Hope offers a great quality of life at an affordable cost of living.