Housing costs in Sylvan Springs?
A typical home costs
$153,200, which is 54.7% less expensive than the national average of
$338,100 and 28.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Sylvan Springs costs
$890 per month, which is 5.3% cheaper than the national average of
$940 and 19.1% cheaper than the state average of
$1,060.
Can I afford Sylvan Springs?
To live comfortably in Sylvan Springs (zip 35118), Alabama, a minimum annual income of
$29,520 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Sylvan Springs?
The cost of living in 35118 Sylvan Springs, AL is relatively low. As of 2020, the median home cost is around $95,400 and the median rent is around $889 per month. Compared to the national average, the cost of living in Sylvan Springs is roughly 8% lower than the U.S. average. Additionally, utilities for a 900 square foot home are estimated at about $150 per month, and groceries are generally quite affordable in this area as well. As such, 35118 Sylvan Springs is an ideal location for anyone looking for an affordable place to live.