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Cost of Living in Marengo County

Is it better to rent or buy in Marengo County? 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.

$48,059
$735/mo

Median in area: $735

$127,501

Median in area: $127,501

$25,500

If you Rent

🔑
$938 /mo
Base Rent$735
Est. Utilities$203
% of Income23.4%
Pre-tax Residual$3,067

If you Buy

🏠
$1,027 /mo
P&I (7.153%)$689
Taxes & Ins$135
Est. Utilities$203
% of Income25.6%
Pre-tax Residual$2,978

Compare Nearby Areas

See how Marengo County stacks up against neighboring areas.

countyHale County, AL
$835/mo
countyClarke County, AL
$784/mo
countySumter County, AL
$790/mo
countyWilcox County, AL
$805/mo
countyChoctaw County, AL
$592/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Marengo County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Marengo County. The estimated all-in monthly cost for renting is $938, while owning a median-priced home with a 20% down payment is roughly $1,027 per month (a difference of $89).

How much do utilities cost in Marengo County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Marengo County is approximately $203. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Marengo County?›

To comfortably afford the median rent and utilities in Marengo County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $37,520 per year.