Housing costs in Fort Mitchell?
A typical home costs
$280,300, which is 17.1% less expensive than the national average of
$338,100 and 31.0% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fort Mitchell costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 32.9% more than the state average of
$940.
Can I afford Fort Mitchell?
To live comfortably in Fort Mitchell (zip 36856), Alabama, a minimum annual income of
$53,640 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Fort Mitchell?
The cost of living in 36856 Fort Mitchell, AL is relatively low compared to other areas in the United States. The cost of living index for this area is 86.2, which is 14.8 points lower than the US average. This means that housing costs, groceries, transportation, and other necessities are significantly more affordable in this area than they would be elsewhere in the country. Property taxes and insurance rates are also lower here than the average of other US cities, making it a great option for those who want to save money on their day-to-day expenses.