The cost of living in Alabama is 12% lower than the national average. Housing is 30% lower than the national average, while utilities are 1% higher. When it comes to basic necessities such as food and clothing, groceries are around 5% lower than in the rest of the country, while clothing costs 5% lower.
Is Alabama expensive to live?
This is good news for anyone who’s thinking of moving to Alabama, as MERIC’s 2021 Cost of Living Index actually ranked Alabama as having the 4th lowest cost of living in the United States. The only other Southeastern state to beat Alabama on that list was Mississippi.
Is Alabama an affordable state?
Some of the best states to live in include Alabama, Iowa, and Michigan. These states all have a cost of living below the national average and offer affordable real estate and low unemployment rates! Moving to a new state in 2022?
Where does Alabama rank in cost of living?
3
In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.
2022 Third Quarter Cost of Living.
| Rank | 1 | 3 |
|---|---|---|
| State | Mississippi | Alabama |
| Index | 84.5 | 87.1 |
| Grocery | 91.9 | 98.2 |
| Housing | 68.5 | 68.2 |
Is moving to Alabama worth it?
If you’d like to live in a state where unemployment rates are lower than the national average, with more sunny days throughout the year, and with a shorter commuting time, moving to Alabama is right for you. Alabama’s median age is 38 making it a state of Millenials and one of the best states for young families.
Is moving to Alabama a good idea?
Alabama is a great place to live because it has low income and property tax rates, low crime rates, and offers a slower pace of life than most other states. These qualities also make it a pretty good place to raise a family.
What is the 2 cheapest state to live in?
2. Kansas. The great state of Kansas is the second cheapest state to live in with a score of 86.5. Housing is particularly affordable, coming in as the third-cheapest housing costs in the nation with the median cost of a single-family home at around $176,898.
Is Alabama a rich or poor state?
These states and territories have the highest percentages of poverty in the country: Mississippi, Louisiana, New Mexico, Arkansas, West Virginia, Alabama, Kentucky, the District of Columbia, South Carolina, and Oklahoma.
What state has cheapest cost of living?
Mississippi is the cheapest place to live in the United States, with a cost of living 16.7% lower than the national average. It also has the cheapest transportation on our countdown. Now, 4.5% unemployment was an all-time low for Mississippi in early 2022, but it’s pretty high compared to the national average.
What is the best state to live in financially?
Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2022’s list, touting a score of 62.65 out of 100. New Jersey came in second, dropping from the top spot last year.
What is a good salary for Alabama?
Most salaries in Alabama range between $36,058 (25th percentile) to $64,071 (75th percentile) annually. Of course, salaries will vary depending on yor occupation, experience, and many other factors.
What state is least affordable?
Hawaii. The Aloha State ranks the single least affordable state when taking into account the average wages earned by renters. The average renter in Hawaii needs to work two jobs to afford a modest two-bedroom apartment at the estimated average wage of $21 per hour.
What are the downfalls to living in Alabama?
Cons of living in Alabama
- You might have to deal with cockroaches. One trade-off of having warm weather in the south is the number of pests that follow.
- Many places close early or are closed Sundays.
- The state has a variety of alcohol laws.
- Alabama has extreme weather conditions.
- The humidity levels in Alabama can be high.
Is rent expensive in Alabama?
The cost of housing here is also very affordable, falling 29.1 percent below the national average. The average monthly rent is $862 for a one-bedroom apartment and $823 for a two-bedroom apartment. These rates are up 11 and 6 percent from last year, respectively.
Why do people move to Alabama?
Along with the low cost of living, the weather is also one of the main reasons why more people are retiring to Alabama than most other states. Let’s not forget about the food! Alabama is known for it’s southern flair with decadent desserts, fresh seafood from the gulf, and golden fried foods.
What are the pros and cons of living in Alabama?
Pros And Cons Of Living In Alabama
- Good options for work and school.
- Low cost of living.
- Tasty things to eat and drink.
- Great college football.
- Warm weather and fun things to do.
- Risk of severe weather.
- Lots of roaches and other pests.
- Some places are not open on Sunday.
Is it cheaper to live in Florida or Alabama?
Alabama is 3.1% more expensive than Florida.
What is the safest city to live in Alabama?
Cullman is the largest and safest city in Alabama. It’s located 45 minutes north of Birmingham and gives visitors a small-town atmosphere. This city is the largest of the 12 municipalities of Cullman County. It’s considered Alabama’s safest city because of its low crime rate and a dedicated police force.
Is it cheaper to live in Alabama or Tennessee?
Tennessee is 1.1% more expensive than Alabama.
Does it snow in Alabama?
On average, Huntsville accumulates 1.77 inches of snowfall per year, while Birmingham and Montgomery collect less than an inch of snow per year. “Annual averages for snow in Alabama are light, ranging from 4.7″ at Valley Head to 0.4″ in Mobile (though most years see zero there),” notes a 2010 Alabama Climate Report.
Is Alabama or Georgia cheaper to live?
Georgia is 7.6% more expensive than Alabama.