Housing costs in Roanoke?
A typical home costs
$116,700, which is 65.5% less expensive than the national average of
$338,100 and 45.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Roanoke costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 23.7% cheaper than the state average of
$940.
Can I afford Roanoke?
To live comfortably in Roanoke (zip 36274), Alabama, a minimum annual income of
$22,320 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Roanoke?
The cost of living in 36274 Roanoke, AL is quite reasonable compared to other areas in the country. The median home price is low at $73,400 and the median monthly rent is also very affordable at $685. Overall, the cost of living in this area is 6% lower than the national average which means more money can be spent on leisurely activities and entertainment. Additionally, local taxes are generally low so residents can enjoy their income without having to worry about exorbitant taxes or fees. All in all, 36274 Roanoke, AL offers a great environment with a low cost of living that many people find attractive.