What is the cost of living? So, you’ve decided to live in Birmingham, Alabama. Nonetheless, you can’t help but wonder if this decision is the best for you and your family.
“Can I afford to live there? How easy is it to become a homeowner in Birmingham AL? Is it easy to sell my house Birmingham? What if it’s difficult to sell my house in Alabama?”
If these questions and uncertainties question your judgment on moving to Birmingham, Relax. Here RHED key tells you what you should know as a prospective homeowner in Birmingham and highlights the cost of living in Birmingham, AL.
About Birmingham, AL
Birmingham is a city in the north-central region of Alabama. The city, known as the founding city for the recognition of Veterans Day, is the seat of Jefferson County-Alabama’s most populous and fifth-largest county by area. Additionally, It is the only place in the world where all the ingredients for making iron (coal, iron ore and limestone) are present within a ten-mile radius.
Pros and Cons of Living in Birmingham, Alabama
Pros
- Low cost of living
- Great southern food
- Numerous institutions of higher education
- Excellent festivals and fairs
- Excellent craft breweries
- Decent public transportation
- Awesome local music scene
- Fun sites to explore in Birmingham, AL
- Rich history to learn from
- Excellent destination for military veterans
- Good manufacturing jobs
Cons
- Unpredictable weather
- Certain places may be closed on Sundays
Cost of Living in Birmingham, Alabama
Here is an average breakdown by category of the cost of living in Birmingham, AL. This should aid in your decision to become a homeowner in Birmingham, AL.
Housing, Utility and Transportation
- Home price $299,808
- Rent $939.17 / month
- Energy Bill $169.00 / month
- Phone bill $180.15 / month
- Gas $2.38 / gallon
Food and Grocery
- Loaf of bread $3.18
- Gallon of milk $1.85
- Carton of eggs $1.73
- Bunch of bananas $3.21
- Hamburger $4.05
Healthcare
- Doctor’s visit $92.77
- Dentist’s visit $79.70
- Optometrist’s visit $86.93
- RX drug $369.56
- Veterinary’s visit $47.20
Summary Notes: Comparison between the cost of living in Birmingham, AL and the National average
- Housing: Birmingham’s housing expenses are about 14% lower than the national average.
- Utility: utility prices in Birmingham are 1% higher than the national average.
- Transportation: Transportation expenses like gas prices and bus fares are 9% lower than the national average.
- Food and Grocery: Grocery prices in Birmingham are about 4% lower than the national average.
- Healthcare: the cost of healthcare is 16% lower in Birmingham.
On average, the living costs in Birmingham are about 9% lower than the national average. Furthermore, the city has a cost of living index of about 74.
But I Want to Sell My House, Birmingham…
If you’re ready to take the bold and exciting step and sell your home in Alabama without stress, it’s time to contact RHED key. Having provided real estate solutions to thousands of homeowners for over three decades, you’re assured a hassle-free journey when you do so.
Conclusively, Birmingham is a beautiful and affordable town to reside in. Ready to dwell in the Pittsburgh of the South and become a homeowner in the magic city? Contact RHED Key now.