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Cost of Living in Anniston

Is it better to rent or buy in Anniston? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$38,802
$771/mo

Median in area: $771

$116,644

Median in area: $116,644

$23,329

If you Rent

🔑
$975 /mo
Base Rent$771
Est. Utilities$204
% of Income30.2%
Pre-tax Residual$2,259

If you Buy

🏠
$940 /mo
P&I (6.989%)$620
Taxes & Ins$116
Est. Utilities$204
% of Income29.1%
Pre-tax Residual$2,293

Cost of Living FAQs

Is it cheaper to rent or buy in Anniston?›

Based on median housing data, buying is currently more affordable on a monthly basis in Anniston. The estimated all-in monthly cost for renting is $975, while owning a median-priced home with a 20% down payment is roughly $940 per month (a difference of $35).

How much do utilities cost in Anniston?›

The average monthly utility cost (electricity and natural gas) for a typical home in Anniston is approximately $204. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Anniston?›

To comfortably afford the median rent and utilities in Anniston without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,000 per year.