Pelham, Alabama gets a BestPlaces Cost of Living index of 100.1, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 0.1 percent higher than the U.S. average and 19.0 percent higher than the average for Alabama.
A typical home costs $284,800, which is 15.8 percent less expensive than the national average of $338,100 and 33.1 percent more expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Pelham costs $1,360 per month, which is 4.9 percent cheaper than the national average of $1,430 and 30.9 percent cheaper than the state average of $940.
To live comfortably in Pelham, Alabama, a minimum annual income of $54,720 for a family, and $47,600 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Pelham is cheaper than the US average. A cost of living index above 100 means Pelham, Alabama is more expensive.
Pelham cost of living is 100.1