Housing costs in Redstone Arsenal?
A typical home costs
$297,900, which is 11.9% less expensive than the national average of
$338,100 and 39.2% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Redstone Arsenal costs
$1,500 per month, which is 59.6% more than the national average of
$940 and 31.3% more than the state average of
$1,030.
Can I afford Redstone Arsenal?
To live comfortably in Redstone Arsenal (zip 35808), Alabama, a minimum annual income of
$57,240 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Redstone Arsenal?
The cost of living in 35808 Redstone Arsenal, AL is slightly higher than the national average. According to Best Places, the cost of living index in Redstone Arsenal is 107.1, which is 7.1 points higher than the US average of 100. Despite this slightly higher cost of living, Redstone Arsenal has an incredibly low unemployment rate of just 3.5%, making it a great place for employment opportunities and financial stability. In addition, housing costs in Redstone Arsenal are below the national median, with the median home price being $188,500 and rent prices averaging at around $1000 a month.