Housing costs in Birmingham?
A typical home costs
$69,500, which is 79.4% less expensive than the national average of
$338,100 and 67.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Birmingham costs
$840 per month, which is 10.6% cheaper than the national average of
$940 and 26.2% cheaper than the state average of
$1,060.
Can I afford Birmingham?
To live comfortably in Birmingham (zip 35207), Alabama, a minimum annual income of
$13,320 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Birmingham?
The cost of living in Birmingham, AL 35207 is fairly low compared to other cities. According to the ACCRA Cost of Living Index, Birmingham has an average cost of living that is 8.4% lower than the national average. This means that basic necessities like food, housing, transportation, gas and utilities are much more affordable than in other parts of the country. In addition, Alabama does not have a state income tax which helps make living in Birmingham even more affordable. Overall, those looking for an affordable place to live should consider Birmingham as a great option.