Housing costs in Bessemer?
A typical home costs
$74,800, which is 77.9% less expensive than the national average of
$338,100 and 65.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Bessemer costs
$910 per month, which is 3.2% cheaper than the national average of
$940 and 16.5% cheaper than the state average of
$1,060.
Can I afford Bessemer?
To live comfortably in Bessemer (zip 35020), Alabama, a minimum annual income of
$14,400 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Bessemer?
The cost of living in 35020 Bessemer, AL is relatively low compared to other parts of the country. According to BestPlaces, the cost of living index for 35020 Bessemer is 81.8 out of 100, which is lower than the U.S. average of 100. This means that basic expenses like groceries, transportation, and utilities are generally lower in this area than they are elsewhere in the country. Additionally, housing costs in 35020 Bessemer are significantly lower than most places in America - with an overall median home price of $133,400 and a median rental rate of $1,023 per month. All these factors combine to make Bessemer a great place to live for those looking for an affordable lifestyle!