How much does it cost to live in Birmingham Alabama? Summary of cost of living in Birmingham, AL, United States: A family of four estimated monthly costs are 3,970.2$ without rent. A single person estimated monthly costs are 1,125.4$ without rent.
How expensive is Birmingham AL?
Cost of Living in Birmingham, AL
| Cost of Living in Birmingham, AL | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 26% higher | 20% lower |
| Utilities (Monthly) | 6% lower | 2% higher |
| Food | 2% lower | 8% lower |
| Healthcare | 15% higher | 2% lower |
How much is living in Birmingham?
Summary of cost of living in Birmingham, United Kingdom: A family of four estimated monthly costs are 2,836.2$ (2,297.1£) without rent. A single person estimated monthly costs are 846.3$ (685.4£) without rent.
What’s the cost of living in Alabama?
Average Cost of Living in Alabama: $39,657 per year This is good news for anyone who’s thinking of moving to Alabama, as MERIC’s 2022 Cost of Living Index actually ranked Alabama as having the 4th lowest cost of living in the United States. The only other Southeastern state to beat Alabama on that list was Mississippi.
Is Birmingham cheap to live in?
What is the cost of living in Birmingham? – Compared to the likes of London, Edinburgh, York, Cambridge and Bath, Birmingham is not one of the most expensive places to live in the UK. According to cost of living experts Numbeo, it is ranked the 22nd most expensive city of 33 listed.
- The estimated monthly cost for family of four, excluding rent, is £ 2,193.54 per month.
- A single person’s approximate monthly costs are £627.76 without rent.
- When compared to London, Birmingham has a far lower cost of living.
- Consumer costs, including rent, in the nation’s second biggest city are 37.17 percent lower than in the capital.
However, house prices in Birmingham rose by 5.8 percent in the last 12 months, Zoopla claims, while the average fee paid for a home is £234,269 as of January 2022. Story Saved You can find this story in My Bookmarks. Or by navigating to the user icon in the top right.
Is rent in Birmingham expensive?
The average rent for an apartment in Birmingham is $1,274. The cost of rent varies depending on several factors, including location, size, and quality.
Is Birmingham USA a good place to live?
Crime Rates – Birmingham has a lower crime rate than similarly sized metro areas. The crime index in this city is safer than 1 percent of other U.S cities. Due to its large population, crime numbers are higher than in smaller cities. Although Birmingham is significantly populated, the police are more involved in the area to keep its residents safe in their homes.
- Overall, Birmingham is considered to be a safe city.
- The safest part to live in Birmingham would be Mountain Brook due to low crime rates, top-tier schools, and many more.
- With a population of over 200,00 people, there are 524 violent crimes reported per 100,000.
- Many people call this big city their home, and many people love to visit this place; however, since it is significantly populated, crime has become an essential topic of discussion.
Make sure you find a place you can call home and feel safe in!
Is Birmingham Alabama a good city to live in?
Moving to Birmingham means you can enjoy inexpensive living. Located in one of the most affordable states in the U.S., Birmingham’s cost of living is 14% lower than the national average. In fact, living in Birmingham is more affordable than in other similarly-sized Alabama cities like Huntsville, Montgomery, or Mobile!
How much is $100,000 salary in Alabama?
Salary rate Annual Month Biweekly Weekly Day Hour Want to send us feedback? Click here > Summary If you make $100,000 a year living in the region of Alabama, USA, you will be taxed $26,440, That means that your net pay will be $73,560 per year, or $6,130 per month. Your average tax rate is 26.4% and your marginal tax rate is 35.1%, This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $35.07, hence, your net pay will only increase by $64.93, Bonus Example A $1,000 bonus will generate an extra $649 of net incomes. A $5,000 bonus will generate an extra $3,247 of net incomes. $100,500 $101,000 $101,500 $102,000 $102,500 $103,000 $103,500 $104,000 $104,500 $105,000 $105,500 $106,000 $106,500 $107,000 $107,500 $108,000 $108,500 $109,000 $109,500 $110,000 NOTE* Withholding is calculated based on the Alabama tables of USA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.
Is $16 an hour good in Alabama?
Alabama ranks number 47 out of 50 states nationwide for $16 An Hour job salaries.
Is rent high in Alabama?
Alabama rent-to-income rates rank high nationally DOTHAN, Ala. (WTVY) – Shelter is such a necessity, from having a roof over your head to having a bed to crawl into each night. However, that has become harder for Alabamians to afford. Dr. Michael C. Threatt, the Senior Vice President and COO of the Dothan Housing Authority, explained the effect that high rates have on low income renters.
“When you think about cost of living, you think about landlords and real estate investors and developers in general wanting to increase their rent amount, that makes it challenging for individuals that are trying to be served by the affordable housing, whether that be a Section 8 voucher or someone just renting in general,” said Threatt.
According to Moody’s Analytics, an organization that analyzes commercial real estate data, Alabama’s rent-to-income ratio has increased 4.2% over the last three years. That ties the state for the third highest increase in rent burdening nationwide.
“Rent burdened” refers to when a renter spends more than 30% of their income on housing.Threatt explained, “You have some individuals in our area that are underemployed, so they may have to have two jobs or four part-time jobs to afford that amount of rent.”Right now, the average cost for a one bedroom apartment in Dothan is around $895, meaning a renter making $10 an hour would have around $800 left monthly for expenses such as food, clothing, and other needs and wants.Dothan Housing is taking action to provide more affordable housing in the Wiregrass, you can find out more about that by reading the story linked below.
Subscribe to our and receive the latest local news and weather straight to your email every morning. Get instant notifications on top stories from News 4 by downloading our, Copyright 2023 WTVY. All rights reserved. : Alabama rent-to-income rates rank high nationally
Is Alabama cheap to live in?
The cost of living in Alabama is 12% lower than the national average. Housing is 37% lower than the national average, while utilities are 8% higher. When it comes to basic necessities such as food and clothing, groceries are around 4% lower than in the rest of the country, while clothing costs 4% lower.
Why is Alabama cheap to live in?
Cost of Living Alabama – Alabama is known as one of the cheapest states to live in the country. The cost of living in Alabama is 1.1 times less expensive than the average in the United States. A typical single individual’s average price is $35,859 per year.
- Due to its moderate climate and location in the country, housing, food, and most of the living expenses are some of the lowest in the United States.
- This southern state is one of the country’s most affordable places to live.
- On the other hand, Alabama is one of the five states that have not adopted a state minimum wage, and its average salary ranges between the 25th percentile ($36,058) and the 75th percentile ($64,071).
Finding a job is one of the most important things to do before moving somewhere new, and on the plus side, Alabama’s unemployment rates are at 2.6%, so finding a long-term career here is more accessible. Depending on their location, some areas of Alabama cost more than others, so finding somewhere comfortable to live for you or your family is essential.
| Cost of Living in Alabama | Comparison to National Average |
| Housing | 30 percent lower |
| Utilities | 1 percent higher |
| Food | 3 percent lower |
| Healthcare | 9 percent lower |
| Transportation | 8 percent lower |
| Goods and Services | 5 percent lower |
Why is Birmingham so famous?
6. Manufacturing – Birmingham was home to the great scientists and inventors Matthew Boulton, James Watt and William Murdoch, leading Birmingham to be the first manufacturing town in the world. The first ever working Steam Engine and the anchor of the Titanic were built in the Black Country.
Is it worth moving to Birmingham?
Living Costs In Birmingham – As far as living expenses are concerned, Birmingham is perhaps one of the most cost-effective cities in all of England – which makes it an excellent place to live for people who have just moved here from other parts of the UK! Living costs here are also reasonably affordable within the range of £637.26 to £2,213.46, especially in comparison to London, which is about 21.55% more expensive.
- Meal At An Inexpensive Restaurant – £10.00
- Meal For 2 At A Mid-Range Restaurant – £50.00
- Meal At A Fast Food Chain – £5.29
- Milk – £0.91/litre
- 1 Dozen Eggs – £1.85
- Chicken – £5.28/kilo
- Beef – £7.74/kilo
- Banana – £0.97/kilo
- Potato – £0.92/kilo
- Water – £0.61/litre
Aside from these expenses, you will also be required to pay council tax to the Birmingham City Council, Here, you will be charged a band value that depends on the overall value of your property. This council tax is usually based upon how much it would cost to replace all buildings and structures in your home as well as its land – or what’s known as “rateable value.”
How much does a meal cost in Birmingham?
Prices in restaurants in Birmingham. –
| Meal in a cheap restaurant | 11 GBP (7.00-20) | 14 USD (8.60-25) | 13 EUR (8.10-23) |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50 GBP (35-85) | 62 USD (43-105) | 58 EUR (40-98) |
| McMeal at McDonalds (or Equivalent Combo Meal) | 5.90 GBP (5.00-6.50) | 7.20 USD (6.20-8.00) | 6.80 EUR (5.80-7.50) |
| Domestic Beer (0.5 liter draught) | 4.00 GBP (2.60-5.00) | 4.90 USD (3.20-6.20) | 4.60 EUR (3.00-5.80) |
| Imported Beer (0.33 liter bottle) | 4.00 GBP (3.40-6.00) | 4.90 USD (4.20-7.40) | 4.60 EUR (3.90-6.90) |
| Coke/Pepsi (0.33 liter bottle) | 1.40 GBP (1.00-2.00) | 1.70 USD (1.20-2.50) | 1.60 EUR (1.20-2.30) |
| Water (0.33 liter bottle) | 1.00 GBP (0.55-1.70) | 1.30 USD (0.68-2.10) | 1.20 EUR (0.63-1.90) |
| Cappuccino (regular) | 2.90 GBP (1.50-4.50) | 3.50 USD (1.90-5.60) | 3.30 EUR (1.70-5.20) |
| Espresso Coffee | 2.00 GBP (1.00-3.20) | 2.50 USD (1.30-3.90) | 2.30 EUR (1.20-3.60) |
| Cheeseburger (fastfood) | 1.80 GBP (1.50-2.00) | 2.20 USD (1.90-2.40) | 2.00 EUR (1.70-2.20) |
Prices of various cuisines in Birmingham »
Is Birmingham cheaper than London?
Is Birmingham more expensive than London? – London is generally more expensive than Birmingham in terms of the cost of living. However, the London salaries are notably much higher than Birmingham. Hence, most of the people who work in London lives in the suburban areas near London to save on the cost of living.
How expensive is Birmingham for students?
Is housing in Birmingham affordable?
| Expenses | Cost (Average) |
|---|---|
| Average Tuition Fees | £17,000 – £25,000 / Year |
| Accommodation | £500 – £950 / Week |
| Local transport | £60 / Month |
Is Birmingham as expensive as London?
Is Birmingham more expensive than London? – London is generally more expensive than Birmingham in terms of the cost of living. However, the London salaries are notably much higher than Birmingham. Hence, most of the people who work in London lives in the suburban areas near London to save on the cost of living.
Is Birmingham expensive to visit?
How much money will you need for your trip to Birmingham ? You should plan to spend around £133 ($165) per day on your vacation in Birmingham, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, £38 ($48) on meals for one day and £25 ($32) on local transportation.
Is Birmingham expensive to rent?
Birmingham Rental Market | Stats & Graphs Area selected: Birmingham Area type The average rent in Birmingham is £787 according to a survey of properties carried out by HMRC’s Valuation Office Agency between September 2021 and September 2022, Between the years ending September 2021 and September 2022, average rents in Birmingham grew by £35.
- Birmingham’s average rent of £787 is £159 lower than the £946 average rent in England.
- Birmingham is the 8th most expensive metropolitan district (of 36 total) based on average rent price.
- The average rent growth rate in Birmingham between the years ending September 2021 and September 2022 was 4.7%.
- If rents continue to grow at this rate, average rents will reach £944 by 2025.
The average cost of rent in Birmingham varies depending on property type, prices start at £449 for a single room and rise to £1,219 for a house with four or more bedrooms. Rental data for Birmingham is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.
Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in Birmingham is £675, increasing to £875 for the upper quartile rent. Based on the 6,530 properties surveyed, the most common type of rental property within Birmingham is 2 beds, which account for 38.6% of properties.
In England, the most common type of property is 2 bed flats, which account for 38.6% of the rental market stock. The least commonly available type of rental property is Single Rooms, which account for 2.3% of properties. In England, the least common type of property is Studio flats, which account for 2.2% of the rental market stock.
Room: 150 rental properties or 2.3% Studio: 220 rental properties or 3.4% 1 bed: 1,500 rental properties or 23.0% 2 bed: 2,520 rental properties or 38.6% 3 bed: 1,870 rental properties or 28.6% 4+ bed: 270 rental properties or 4.1%
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: : Birmingham Rental Market | Stats & Graphs
Is Birmingham expensive to live for students?
Is housing in Birmingham affordable? – Like any other city in the UK, some areas in Birmingham are expensive, while others are a lot cheaper to rent. Luckily, speaking of housing in particular, Birmingham offers affordable student housing options. Even the cost of living is comparably less than the national average.
| Expenses | Cost (Average) |
| Average Tuition Fees | £17,000 – £25,000 / Year |
| Accommodation | £500 – £950 / Week |
| Local transport | £60 / Month |