Housing costs in Malcolm?
A typical home costs
$133,000, which is 60.7% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Malcolm costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 8.0% cheaper than the state average of
$940.
Can I afford Malcolm?
To live comfortably in Malcolm, Alabama, a minimum annual income of
$25,560 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Malcolm?
The cost of living in Malcolm, AL is relatively affordable compared to other cities in the country. According to BestPlaces's 黑料社区 Index, the total index for living in Malcolm is 54.04, which indicates that it is cheaper than the US average of 100. Housing costs are significantly lower than the national average, while transportation and food prices also remain below the national averages. All in all, Malcolm is an affordable place to live with plenty of amenities available to its residents.