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!
Is Birmingham a good place to raise a family?
Posted at 16:27h in Community, News Birmingham, Alabama is ranked as one of the top 100 places to live in the U.S., and for good reason. With a recent increase in dining options, entertainment, sports, music, and job opportunities, those who call this city “home” love this best-kept secret of the South.
Is it a good idea to move to Alabama?
Cost of Living – Finding an affordable place to live is essential when choosing somewhere to move. 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.
The average price is $35,859 per year for a typical single individual. Due to its moderate climate and location in the country, housing, food, and most living expenses are some of the lowest in the United States. This southern state is one of the most affordable states in the country! Although Alabama is one of the five states that have not adopted a state minimum wage, its average salary ranges between $36,058 (25th percentile) and $64,071 (75 th percentile).
Finding jobs is a priority before moving somewhere new, and here in Alabama, the unemployment rates are at 2.6 percent, one of the lowest states. Some areas of Alabama cost more than others, depending on the location. Some places that are the most affordable in Alabama would be Attalla, Meridianville, and Tuscumbia !
Is Birmingham or Manchester better?
Round 2 Economy – The economy of the Birmingham urban area is the second largest in the UK but Birmingham trails Manchester on practically every other measure. Manchester ranks higher than Birmingham in the rankings of the most important cities to the global economic system and is the highest rated city in the UK outside London.
Which is better to live Birmingham or London?
Salaries and Career Prospects in London vs Birmingham: What’s the Difference? – London has a higher average salary, with a monthly disposable income (after tax) of £1,956.44 compared to £1,547.12 in Birmingham—a nearly 21% difference. The difference in graduate salaries is not so big.
On an annual basis in London, it is £30,000, while in Birmingham it is £27,000. London has a low unemployment rate of 8.1%, while in Birmingham it is slightly higher at 9.3. A low unemployment rate implies better employment prospects and economic expansion. With HSBC moving their headquarters here back in 2015 and PwC ranking Birmingham as one of the top cities in Europe to invest in, the West Midland economic center offers plenty of career opportunities in practically every area.
London, the capital of the country, features a number of distinctive neighborhoods that are regarded as the country’s economic hub for that sector, particularly for positions involving creativity, finance, and technology. Because of London’s size, there are always a lot of job opportunities available.
How much do you need to make to live in Birmingham?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $29,325 | $94,002 |
| Annual taxes | $5,095 | $19,964 |
| Required annual income before taxes | $34,420 | $113,966 |