Housing costs in Birmingham-Hoover?
A typical home costs
$232,200, which is 31.3% less expensive than the national average of
$338,100 and 8.5% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Birmingham-Hoover costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 11.3% more than the state average of
$940.
Can I afford Birmingham-Hoover?
To live comfortably in Birmingham-Hoover Alab Metro Area, Alabama, a minimum annual income of
$44,640 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Birmingham-Hoover?
The cost of living in Birmingham-Hoover, AL Metro Area is 89.5, which is slightly lower than the national average of 100. This means that it is generally cheaper to live in this area compared to other parts of the US. Additionally, the median house value in Birmingham-Hoover, AL Metro Area is $232200, significantly lower than the US average of $338,100. This makes living in this region an attractive option for those looking for affordable housing options while still enjoying the convenience and amenities of a major metropolitan area.