Alabama cost of living - ConsumerAffairs

Jul 10, 2024 · Housing costs in Alabama. According to recent data from Zillow, the median rent in Alabama is $1,345.38, while the national median rent is $1,529.01. Data from the U.S. Census Bureau shows rent ...

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Alabama Cost Of Living - ConsumerAffairs

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Alabama Cost Of Living - Sperling's BestPlaces

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A typical home costs $214,000, which is 36.7% less expensive than the national average of $338,100 and 0.0% less expensive than the average Alabama home, at $214,000. Renting a …

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Cost Of Living Calculator | Cost Of Living In Alabama - Salary.com

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15 rows · Oct 25, 2024 · The federal minimum wage is $7.25 per hour while Alabama's state law sets the minimum wage rate at $7.25 per hour in 2024. Demands for a living wage that is fair …

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Cost Of Living In Alabama 2024 - RentCafe

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The cost of living in Alabama is 12% lower than the national average. Housing is 38% lower than the national average, while utilities are 11% higher. When it comes to basic necessities such …

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Cost Of Living In Alabama, United States. Updated Oct 2024

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The unemployment rate in Alabama is 3%. Alabama receives an overall unemployment score of 8 out of 10. Unemployment rate is calculated by dividing the number of unemployed individuals …

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Cost Of Living In Alabama - Ramsey - Ramsey Solutions

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Oct 24, 2024 · Florence. $339,000. Huntsville. $351,950. Mobile. $254,900. Montgomery. $322,152. By the way, if you do decide to buy a house in Alabama, you’ll want to get a top …

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Cost Of Living In Alabama [Report Of 2024] - USA By Numbers

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Jan 27, 2023 · When living in Alabama, housing is one of the largest aspects that affect your cost of living. The typical house in this state is worth $137,200, and this amount is $67,700 less …

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Cost Of Living In Alabama - 24/7 Wall St.

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Sep 16, 2020 · Alabama Housing Costs. Housing is one of the largest components of cost of living. In Alabama, the typical home is worth $137,200, $67,700 less than the national median …

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The Best And Worst States For Groceries 2024 - ConsumerAffairs

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Oct 22, 2024 · How grocery bills have changed in U.S. states. New Mexico experienced the biggest increase in average monthly grocery bills, rising around 20% to $1,244 in 2023 from …

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Moving To Tennessee Statistics (2024) | ConsumerAffairs®

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2 days ago · Tennessee’s cost-of-living index is 90.4, giving it the 10th lowest cost of living nationwide. Gas prices are also less than the national average ($3.26) at $3.04 per gallon.

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Moving To Maine Statistics (2024) | ConsumerAffairs®

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2 days ago · Cost-of-living statistics in Maine. Maine’s cost-of-living index is 111.5, making it the 13th most expensive state in the nation. Gas prices in the state are also 5.5% higher ($3.44 …

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FAQs about Alabama cost of living - ConsumerAffairs Coupon?

How much does it cost to live in Alabama?

The cost of living in Alabama is $1808, which is 1.22 times less expensive than the average in the United States. Alabama ranked 48th most expensive and 40th best state to live in the United States. The average salary after taxes in Alabama is $3780, which is enough to cover living expenses for 2.1 months. Discover best cities to live in Alabama. ...

How much money do you need to live comfortably in Alabama?

While the amount you need to live comfortably will vary based on your lifestyle, MIT’s Living Wage Calculator cites that the typical single, childless Alabaman will need to earn $15.65 an hour, or $31,900 per year, to qualify for a “living wage” in the state. ...

Does Alabama have the lowest cost of living?

This is good news for anyone who’s thinking of moving to Alabama, as MERIC’s 2022 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. ...

How is a cost of living score calculated in Alabama?

Professionals should subscribe to ERI’s Assessor Series. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Alabama ( AL-ə-BAM-ə) is a state in the Southeastern region of the United States. ...

How much does it cost to rent a house in Alabama?

A typical home costs $214,000, which is 36.7% less expensive than the national average of $338,100 and 0.0% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Alabama costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and close to the state average of $940. Can I afford Alabama? ...

How much does it cost to buy a home in Alabama?

If you’re considering moving to Alabama then chances are you also have a budget you’re hoping to stay under in your home or apartment search. When it comes to buying a home in Alabama the median home sale price is $288,900. If that price is out of your budget, don’t worry, we’ve got options to help you find a home. ...