Housing costs in Sylvania?
A typical home costs
$169,100, which is 50.0% less expensive than the national average of
$338,100 and 21.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Sylvania 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 Sylvania?
To live comfortably in Sylvania (zip 35988), Alabama, a minimum annual income of
$32,400 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Sylvania?
The cost of living in 35988 Sylvania, AL is relatively affordable compared to other areas of the state. The median home cost for the area is $149,000, which is significantly lower than the national average. The median household income in the area is around $40,000, with a cost of living index that is 8% lower than the U.S. average. Housing costs are the most significant expense for residents in this area, making up more than 30% of their monthly expenses. Other essential costs such as transportation and health care are also relatively low due to net prices being generally below average when compared to other cities in Alabama and the nation.