Housing costs in Theodore?
A typical home costs
$183,900, which is 45.6% less expensive than the national average of
$338,100 and 14.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Theodore costs
$840 per month, which is 10.6% cheaper than the national average of
$940 and 16.7% cheaper than the state average of
$980.
Can I afford Theodore?
To live comfortably in Theodore (zip 36582), Alabama, a minimum annual income of
$35,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Theodore?
The cost of living in 36582 Theodore, AL is quite affordable compared to the national average. The overall cost of living index in this area is 88, which is 12% lower than the US average. Housing expenses are particularly affordable, with a median home value of $97,000 and an average rent of only $768 a month. Groceries and other necessities are also much cheaper than the rest of the country; the cost of basic goods and services in this area is approximately 15% lower than other parts of Alabama. With its low cost of living and excellent quality of life, Theodore is an attractive option for families looking for an affordable place to call home.