Housing costs in Excel?
A typical home costs
$153,800, which is 54.5% less expensive than the national average of
$338,100 and 28.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Excel costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$940.
Can I afford Excel?
To live comfortably in Excel, Alabama, a minimum annual income of
$29,520 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Excel?
The cost of living in Excel, AL is very reasonable. According to the most recent data available, the overall cost of living index for Excel is 84.1, which is 16% lower than the national average. This means that necessities like groceries, housing, and healthcare are all relatively affordable compared to other areas of the country. In addition, Excel has a low unemployment rate and many local businesses that offer competitive wages and job security. All of these factors contribute to an overall low cost of living in Excel, AL.