Housing costs in Birmingham?
A typical home costs
$74,400, which is 78.0% less expensive than the national average of
$338,100 and 65.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Birmingham costs
$1,020 per month, which is 8.5% more than the national average of
$940 and 3.9% cheaper than the state average of
$1,060.
Can I afford Birmingham?
To live comfortably in Birmingham (zip 35208), Alabama, a minimum annual income of
$14,400 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Birmingham?
The cost of living in 35208 Birmingham, AL is quite affordable. According to the Cost of Living Index, it is around 94 (US Average is 100), which means that basic goods and services are significantly cheaper compared to other parts of the country. Housing costs in particular are much lower than the national average, with median home prices hovering around $150,000. Transportation costs are also quite reasonable due to the city's extensive network of public transportation options including buses, light rail trains, and ride-sharing services. Groceries and other essentials can often be found for discounted prices at many local stores throughout Birmingham. Overall, residents of 35208 Birmingham, AL enjoy a relatively low cost of living without sacrificing quality or convenience.