Housing costs in Nanafalia?
A typical home costs
$193,700, which is 42.7% less expensive than the national average of
$338,100 and 9.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Nanafalia costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 23.7% cheaper than the state average of
$940.
Can I afford Nanafalia?
To live comfortably in Nanafalia, Alabama, a minimum annual income of
$37,080 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Nanafalia?
The cost of living in Nanafalia, AL is relatively low compared to other places in the United States. The median home value is only around $77,000 and the median household income is about $35,000. This makes Nanafalia a great place for people looking to get away from high-cost areas and enjoy a more relaxed, rural lifestyle. Moreover, the grocery and housing costs are very reasonable in Nanafalia, with most items costing much less than in bigger cities. In addition, there is no state income tax in Alabama so people can keep more of their money for other expenses. Overall, living in Nanafalia can be an affordable option for those who want a more relaxed and affordable lifestyle.