Housing costs in Sheffield?
A typical home costs
$101,200, which is 70.1% less expensive than the national average of
$338,100 and 52.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Sheffield 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 Sheffield?
To live comfortably in Sheffield, Alabama, a minimum annual income of
$19,440 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Sheffield?
The cost of living in Sheffield, AL is relatively low compared to other places. According to the BestPlaces Cost of Living Index, the city's overall cost of living index is rated as 6.72, which is substantially lower than the national average. Housing costs are also relatively low with an average of $744 for a single bedroom apartment per month. Gas prices tend to be lower than the national average and utilities are quite affordable as well. In general, Sheffield offers a very budget-friendly option for those looking to live comfortably without spending too much money on essentials such as housing and utilities.