Alabama is the third cheapest state in the United States, with a cost of living index of 87.9. Housing in the state is the second cheapest, only behind Mississippi. The average single-family home in Alabama sells for $170,184. Rent for a two-bedroom apartment averages $807 across the state.
Is Alabama expensive to live in?
Alabama has one of the lowest housing costs in the country. Most people generally take for granted that Alabama has one of the lowest costs of living in the country.
How much does it cost to live comfortably in Alabama?
The Bureau of Economic Analysis cites that the average cost of living in Alabama is around $35,859 per year for a typical single individual.
Average Cost of Living in Alabama: $35,859 per year.
| Category | Average Annual Per-Capita Cost in Alabama |
|---|---|
| Housing and Utilities | $6,535 |
| Health Care | $5,904 |
How much do you need to live in Alabama?
A cost of living index above 100 means Alabama, Alabama is more expensive.
Alabama cost of living is 82.3.
| COST OF LIVING | Alabama | United States |
|---|---|---|
| Grocery | 94.4 | 100 |
| Health | 102.2 | 100 |
| Housing | 55.9 | 100 |
| Median Home Cost | $165,200 | $291,700 |
Is Alabama an affordable state?
Alabama is one of the most affordable states in the country, and home to several beautiful and safe cities.
What is the cheapest US state to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Florida or Alabama cheaper?
Alabama is 3.1% more expensive than Florida.
Is it cheaper to live in Tennessee or Alabama?
Tennessee Has an Even Lower Cost of Living Than Alabama
The cost of living in Tennessee is around nine to ten percent lower than the national average. When compared to Alabama, “The Volunteer State” has a cost of living around one to two percent lower.
What is a good salary for a single person in Alabama?
Average Salary in Alabama. $42,296 is the 25th percentile. Salaries below this are outliers. $64,085 is the 75th percentile.
Is it cheaper to live in Texas or Alabama?
Alabama is 6.1% more expensive than Texas.
What is Alabama like in the winter?
Winters are generally mild in Alabama, as they are throughout most of the southeastern United States, with average January low temperatures around 40 °F (4 °C) in Mobile, around 31 °F (−1 °C) in Huntsville, around 35 °F (2 °C) in Montgomery, and around 33 °F (1 °C) in Birmingham.
What city in Alabama has the lowest cost of living?
The 10 Most Affordable Places To Live In Alabama In 2020
- Russellville.
- Roanoke.
- Attalla. wikipedia/Chris Pruitt.
- Hamilton. facebook/Hamilton Area Chamber of Commerce.
- Hartselle. wikimedia commons/Chris Pruitt.
- Clay. wikimedia commons/John Phelan.
- Pinson. wikimedia commons/Kylestonephotgraphy.
- Glencoe.
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
What is the 2nd cheapest state to live in?
Kansas is still the second-cheapest state in the US. The median house price in the area is $194,951. On average, it’s possible to rent an 895-square-foot apartment for $1,133 per month; that’s around 65% cheaper than a one-bedroom apartment in New York.
Which state is most expensive to live in?
Hawaii
Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.
Where is the cheapest rent in the United States?
Cheapest State for Rent in the US
The least expensive state for rent is West Virginia with an average rent price of $800.
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What are the negatives of living in Alabama?
List of the Cons of Living in Alabama
- Watch out for the cockroaches.
- Some places are still closed on Sunday in Alabama.
- Alabama might have beer, but it isn’t easy to get a drink sometimes.
- Some of the kind phrases are really insults.
- The weather can take a severe turn for the worse.
What should I know before moving to Alabama?
Quick facts to know before moving to Alabama
- Alabama’s cost of living is lower than the U.S. average.
- Housing costs in Alabama is lower than the U.S. average.
- Alabama gets 213 sunny days in a year on average.
- The unemployment rate in Alabama is lower than the U.S. average.