Housing costs in Lanett?
A typical home costs
$108,000, which is 68.1% less expensive than the national average of
$338,100 and 49.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lanett costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 17.5% cheaper than the state average of
$940.
Can I afford Lanett?
To live comfortably in Lanett (zip 36863), Alabama, a minimum annual income of
$20,520 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Lanett?
The cost of living in 36863 Lanett, AL is relatively low compared to the national average. According to BestPlaces, the cost of living index in Lanett is 74.37, which is 17.85% lower than the United States average. This makes it an ideal place to live for those looking to save money and stretch their budget further. The rent prices are also relatively affordable with a one bedroom apartment averaging around $440 per month. Groceries and other staples are also less expensive in this area due to its rural location, making it beneficial for those on a budget. Overall, Lanett is a great place for those looking for an affordable place to live.