Housing costs in Chelsea?
A typical home costs
$353,700, which is 4.6% more expensive than the national average of
$338,100 and 65.3% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Chelsea costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 39.7% more than the state average of
$940.
Can I afford Chelsea?
To live comfortably in Chelsea, Alabama, a minimum annual income of
$67,680 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Chelsea?
The cost of living in Chelsea, AL is quite affordable compared to many other cities in the region. The median home value is just over $200,000, which is lower than the state and national averages. Property taxes are relatively low as well. Additionally, food costs are lower than the national average, making it a great spot for budget-minded individuals or families looking for a place to call home. Transportation and utilities costs are also competitive with nearby cities. All in all, Chelsea provides its residents with an affordable place to live while enjoying amenities such as quick access to Birmingham and other regional attractions.