Housing costs in Loxley?
A typical home costs
$259,200, which is 23.3% less expensive than the national average of
$338,100 and 21.1% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Loxley costs
$1,130 per month, which is 20.2% more than the national average of
$940 and 7.1% cheaper than the state average of
$1,210.
Can I afford Loxley?
To live comfortably in Loxley (zip 36551), Alabama, a minimum annual income of
$49,680 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Loxley?
The cost of living in 36551 Loxley, AL is quite reasonable. The area has an average housing cost of $161,900 which is below the national average. Additionally, utilities are cheaper than the US average and groceries are slightly below the US average as well. This makes living in 36551 Loxley, AL very affordable for its residents. Transportation costs are also quite low, as gas prices tend to remain static throughout the year. Overall, the cost of living in 36551 Loxley, AL is quite affordable and allows residents to live comfortably without sacrificing their budgets.