Belk, AL Cost of Living


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United States / Alabama / No Metro Area / Fayette County / Belk / Zip Codes

Belk cost of living score
74.7
Less expensive
25.3% lower
than the US average
11.2% lower
than the Alabama average
Belk, Alabama gets a BestPlaces Cost of Living score of 74.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.3% lower than the U.S. average and 11.2% higher than the average for Alabama.

Belk, AL

Housing costs in Belk?
A typical home costs $109,200, which is 67.7% less expensive than the national average of $338,100 and 49.0% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Belk 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 Belk?
To live comfortably in Belk, Alabama, a minimum annual income of $20,880 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Belk?
The cost of living in Belk, AL is quite reasonable. The median household income is just over $25,000 and the median home value is about $97,400 compared to the national average of around $215,000. This makes it an affordable place to live for those on a budget. The area also boasts low utility costs, with electricity costing about 10% less than the national average along with low gas and water bills. When it comes to taxes, Alabama residents benefit from some of the lowest rates in the country. Overall, Belk provides plenty of opportunity for families looking for an affordable place to call home.
   Cost of living score
     CategoriesBelkAlabamaUnited States
  74.784.1100.0
  92.494.4100
  117.1118.9100.0
  28.056.6100.0
  $109,200$214,000$338,100
  102.2%101.2%100.0%
  83.585.9100.0
  63.271.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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