Cost of Living in Saks, AL: Rent, Income & Home Prices

OKRent takes 21 cents of every $1 people earn here.

🏠 Rent per month (2026)$94546% lower than U.S. average

💵 Families earn per year (2026)$53,659about $4,472/month · 38% lower than U.S. average

🔑 House price$116,40065% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $37,800 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

Yes. Rent here is cheaper than in most of Alabama. It is number 37 of 120 cities from cheapest to most expensive.

Saks

$945

$1,468

$1,739

$721

$698

$1,172

$1,002

How much do households earn in Saks?

Under $25k

18.1%

$25k–50k

35.6%

$50k–100k

27.3%

$100k–150k

10.3%

$150k+

3.9%

Share of households by yearly income. 14.2% of households earn $100,000 or more.

Rent by apartment size in Saks

Size	Saks	U.S. average
Studio	$1,258	$1,338
2 bedrooms	$693	$1,509
3 bedrooms	$1,133	$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Saks overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing

Goods (food, clothes…)

Utilities

Other services

U.S. average

100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Saks, so the Alabama figure is shown.

Taxes and bills in Saks

🏛️ Property tax$565a year · 0.49% of home value · U.S. $3,119

⚡ Electric bill$206a month (typical) · U.S. $156

Life in Saks

Commute to work22.6 minU.S.: 26.4 min

College degree17.9%U.S.: 35.7%

Own their home72.2%U.S.: 65.2%

Below poverty line20%U.S.: 12.5%

Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Saks?

Buying is cheaper month to month: about $137 a month less than renting.

Renting

$945

Owning

$808

Owning assumes a typical $116,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,640 for the down payment.

Frequently asked questions

What is the average rent in Saks, AL?

Renting in Saks costs a median of about $945 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Saks?

To keep rent under 30% of income, you need about $37,800 a year, or $18 an hour at a full-time job.

Is Saks cheap or expensive?

Saks is rated OK: rent takes 21.1% of the typical household income of $53,659. It ranks 37th cheapest of 120 Alabama cities we track.

How much are property taxes in Saks?

The median homeowner in Saks pays $565 a year in property taxes, about 0.49% of the median home value.

Is Saks more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Saks?

The median home value in Saks is $116,400, about 2.2 times the typical yearly household income.

10,681 people live in Saks. Numbers are typical (middle) values.

Is Saks, AL expensive to live in?