Housing costs in Birmingham?
A typical home costs
$221,500, which is 34.5% less expensive than the national average of
$338,100 and 3.5% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Birmingham costs
$1,130 per month, which is 20.2% more than the national average of
$940 and 6.2% more than the state average of
$1,060.
Can I afford Birmingham?
To live comfortably in Birmingham (zip 35205), Alabama, a minimum annual income of
$42,480 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Birmingham?
The cost of living in 35205 Birmingham, AL is very affordable. The median home value in the area is approximately $145,000, with a surprisingly low median household income of just $37,164. This makes it a great option for those looking to stretch their budget while still having access to all the amenities the city has to offer. Additionally, groceries are generally cheap and utilities are relatively affordable compared to the rest of the United States. Overall, 35205 Birmingham, AL offers an excellent quality of life at a reasonable price.