CostByCity

Cost of Living in Birmingham, AL

2024 data from the Bureau of Economic Analysis

Cost Index
91.6
8.4% below avg
Housing Index
71.9
Median Income
$68,329
Median Rent
$1,081/mo

Cost Breakdown

Overall91.6 (-8.4%)
Housing71.9 (-28.1%)
Goods96.4 (-3.6%)
Utilities83.8 (-16.2%)
Other Services96.7 (-3.3%)

National average = 100

Income & Housing

Median Household Income
$68,329/year
Median Home Value
$216,200
Median Monthly Rent
$1,081/mo
Per Capita Income
$38,198/year

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Frequently Asked Questions

Is Birmingham, AL expensive to live in?
Birmingham, AL has a cost of living index of 91.6, which is 8.4% below the national average.
How much does housing cost in Birmingham, AL?
Housing costs in Birmingham, AL are indexed at 71.9 compared to the national average of 100. The median monthly rent is $1,081.
What is the average income in Birmingham, AL?
The median household income in Birmingham, AL is $68,329 per year.
What is the average home price in Birmingham, AL?
The median home value in Birmingham, AL is $216,200.