Is it cheaper to live in Alabama?
Living in Alabama is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 13.6% less than they do on average nationwide. Compared with all other states, Alabama has the third lowest overall cost of living.
Is Alabama a cheap state to live in?
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.
What is the average living cost in Alabama?
Average Cost of Living in Alabama: $35,859 per year 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.
Is it cheaper to live in Alabama or Texas?
Alabama is 6.1% more expensive than Texas.
What is the cheapest city in Alabama to live in?
Gadsden. Gadsen tops our list of the most affordable cities in Alabama.
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 the cheapest city in Alabama to live?
Is Alabama cheaper than Florida?
Alabama is 1.4% cheaper than Florida.
What is the cheapest city to live in Alabama?
The 10 Most Affordable Cities in Alabama
- Gadsden.
- Talladega.
- Bessemer.
- Birmingham.
- Fairfield.
- Anniston.
- Sylacauga.
- Selma.
Is it cheaper to live in Alabama or Tennessee?
Where is the cheapest place to buy a home in Alabama?
NewHomeSource has found the top 10 most affordable cities in Alabama to help you make the best financial decision….
- Gadsden. Home Price to Income Ratio: 2.25.
- Talladega. Home Price to Income Ratio: 3.12.
- Bessemer.
- Birmingham.
- Fairfield.
- Anniston.
- Sylacauga.
- Selma.
Where is the safest place to live in Alabama?
The Top 10 Safest Cities in Alabama
- Rainbow City.
- Mountain Brook.
- Vestavia Hills.
- Daleville.
- Southside.
- Pleasant Grove.
- Pelham.
- Glencoe.