Zip 36576 (Silverhill, AL) Cost of Living


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How much do I need to live in Silverhill, Alabama?
$4,440 / month
for a family, 17.8% less expensive than the national average A total of $53,280 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Silverhill cost of living score
94.5
Less expensive
5.5% lower
than the US average
12.4% higher
than the Alabama average
Silverhill (zip 36576), Alabama gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 12.4% lower than the average for Alabama.

Zip 36576 (Silverhill, AL)

Housing costs in Silverhill?
A typical home costs $278,700, which is 17.6% less expensive than the national average of $338,100 and 30.2% more expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Silverhill costs $1,060 per month, which is 12.8% more than the national average of $940 and 14.2% cheaper than the state average of $1,210.

Can I afford Silverhill?
To live comfortably in Silverhill (zip 36576), Alabama, a minimum annual income of $53,280 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Silverhill?
The cost of living in 36576 Silverhill, AL is relatively affordable. The median home cost in Silverhill is approximately $130,000 and has seen a recent increase in value. The average rent for apartments within the city is around $800 per month, which is quite reasonable compared to other areas of the country. Additionally, groceries and goods are fairly priced, while utilities are slightly higher than average at around $150 per month. Overall, Silverhill offers an affordable lifestyle that allows residents to stretch their budget further.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSilverhillAlabamaUnited States
    Unlock84.1100.0
  96.6  Unlock100.0
    Unlock118.9100.0
  74.9  Unlock100.0
    Unlock$214,000$338,100
  98.4  Unlock100.0
    Unlock85.9100.0
  84.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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