Housing costs in Vance?
A typical home costs
$203,600, which is 39.8% less expensive than the national average of
$338,100 and 4.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Vance costs
$1,150 per month, which is 22.3% more than the national average of
$940 and 13.9% more than the state average of
$990.
Can I afford Vance?
To live comfortably in Vance (zip 35490), Alabama, a minimum annual income of
$38,880 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Vance?
The cost of living in Vance, AL is quite affordable compared to the national average. According to the most recent data from Best Places, the cost of living index for Vance is 85, which is 15% lower than the United States' average. This means that rent and utilities are more affordable than in other parts of the country. Additionally, housing prices are also relatively low compared to the rest of Alabama; the median home value is $123,885, with a median list price of $129,900. With such an affordable cost of living, Vance is an attractive option for those looking for a place to call home without breaking their budget.