Housing costs in Birmingham?
A typical home costs
$262,100, which is 22.5% less expensive than the national average of
$338,100 and 22.5% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Birmingham costs
$1,490 per month, which is 58.5% more than the national average of
$940 and 28.9% more than the state average of
$1,060.
Can I afford Birmingham?
To live comfortably in Birmingham (zip 35233), Alabama, a minimum annual income of
$50,400 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Birmingham?
The cost of living in Birmingham, AL zip code 35233 is quite reasonable. According to Best Places, the overall cost of living index for this area is 88.5, which is lower than the U.S. average of 100. Housing costs are especially affordable in comparison to other parts of the country with a median home value of only $167,500 and an average monthly rent of just $998. Additionally, transportation costs are relatively low as the city has public transportation options such as buses and light rail that make getting around easy and affordable. Groceries, health care, and other goods and services also tend to be quite reasonably priced in this area, making it an attractive option for those looking for a budget-friendly place to live.