Here’s What Your Money Can Buy in Alabama — Right Now

Curious what your cash can buy in Alabama? Your dollar goes additionally here than a lot of other states. As a matter of fact, according to information from the Council for Area & Economic Research Study, Alabama has the fourth general least expensive expense of enduring of all 50 states. With its reasonably affordable homes and booming task market, Alabama has actually become a preferred area to call residence. The state additionally takes place to be rich in history and also society, with plenty of mouthwatering barbecue, Southern friendliness, sporting events and music places to satisfy nearly any type of beginner.

What your money can acquire in Alabama.

Here's what your money can purchase in these 20 prominent cities in Alabama.

Alabaster

Median residence cost: $250,000.

Median home price per square foot: $131.

Cost of living index rating: The cost of living index rating for Alabaster is 97, which is nine percent greater than the Alabama standard as well as 3 percent less than the nationwide standard.

Anniston.

Mean house price: $150,000.

Average house cost per square foot: $82.

Expense of living index score: The expense of living index rating for Anniston is 82, which is eight percent lower than the Alabama standard as well as 18 percent lower than the nationwide average.

Auburn.

Typical house cost: $325,000.

Typical house price per square foot: $154.

Cost of living index rating: The price of living index rating for Auburn is 105, which is 17 percent more than the Alabama average and 5 percent greater than the nationwide standard.

Birmingham.

Median house rate: $165,000.

Median house price per square foot: $101.

Price of living index score: The cost of living index rating for Birmingham is 86, which is four percent less than the Alabama standard and 14 percent lower than the national standard.

Creek Highland.

Mean house price: $320,000.

Mean residence cost per square foot: $149.

Expense of living index rating: The expense of living index score for Creek Highland is 117, which is 31 percent higher than the Alabama average as well as 17 percent more than the national average.

Calera.

Typical home rate: $225,000.

Typical house rate per square foot: $127.

Expense of living index score: The cost of living index score for Calera is 95, which is 6 percent higher than the Alabama average and also five percent less than the national average.

Daphne.

Typical home cost: $275,000.

Mean house rate per square foot: $141.

Expense of living index score: The price of living index rating for Daphne is 99, which is 11 percent more than the Alabama standard as well as one percent less than the nationwide average.

Fairhope.

Average residence price: $425,000.

Mean home price per square foot: $187.

Expense of living index score: The expense of living index score for Fairhope is 106, which is 19 percent more than the Alabama standard and also 6 percent higher than the national average.

Helena.

Typical home price: $324,890.

Median residence price per square foot: $151.

Cost of living index score: The expense of living index rating for Helena is 101, which is 14 percent higher than the Alabama average and also one percent higher than the nationwide standard.

Homewood.

Average house cost: $444,450.

Median home cost per square foot: $241.

Cost of living index score: The cost of living index score for Homewood is 112, which is 26 percent higher than the Alabama standard as well as 12 percent higher than the national standard.

Hoover.

Average residence price: $395,000.

Typical residence cost per square foot: $155.

Price of living index rating: The expense of living index score for Hoover is 109, which is 22 percent more than the Alabama average and 9 percent greater than the nationwide standard.

Huntsville.

Average house cost: $274,890.

Mean residence price per square foot: $133.

Price of living index rating: The expense of living index rating for Huntsville is 96, which is 8 percent more than the Alabama standard as well as 4 percent less than the national standard.

Indian Springs Village.

Average house price: $365,000.

Typical residence rate per square foot: $151.

Cost of living index rating: The cost of living index score for Indian Springs Village is 121, which is 36 percent more than the Alabama standard as well as 21 percent higher than the nationwide standard.

Madison.

Average house cost: $322,700.

Average residence rate per square foot: $138.

Cost of living index rating: The expense of living index score for Madison is 105, which is 17 percent higher than the Alabama average and five percent higher than the nationwide standard.

Mobile.

Average house price: $186,500.

Median home cost per square foot: $111.

Expense of living index score: The cost of living index rating for Mobile is 90, which is one percent higher than the Alabama average and 10 percent less than the national average.

Montgomery.

Median home cost: $158,370.

Median home rate per square foot: $91.

Expense of living index rating: The price of living index score for Montgomery is 86, which is 3 percent lower than the Alabama average and also 14 percent less than the nationwide standard.

Mountain Creek.

Median home price: $699,900.

Mean house cost per square foot: $248.

Expense of living index rating: The cost of living index score for Hill Creek is 143, which is 60 percent more than the Alabama standard and also 43 percent higher than the national average.

Pelham.

Typical residence price: $309,890.

Average home price per square foot: $140.

Cost of living index rating: The price of living index score for Pelham is 98, which is 10 percent higher than the Alabama standard and two percent lower than the national standard.

Troy.

Median residence cost: $199,500.

Average house rate per square foot: $111.

Cost of living index rating: The expense of living index rating for Troy is 88, which is one percent less than the Alabama standard as well as 12 percent less than the national average.

Vestavia Hills.

Typical residence rate: $399,900.

Median home rate per square foot: $171.

Expense of living index rating: The price of living index rating for Vestavia Hills is 118, which is 32 percent higher than the Alabama standard and 18 percent greater than the national standard.

Just how much does it cost to transfer to Alabama?

Those transferring to Alabama will discover it a particularly affordable area to live. According to AreaVibes, the general price of living index rating for Alabama is 89, which is 11 points listed below the national average. The expense of living index score for housing is 72, well listed below the nationwide standard.

The cost of moving to Alabama will rely on just how far you're moving and also just how much stuff you're moving. Try our relocating price calculator to obtain an expense quote for your specific step. This simple tool provides users a precise as well as dependable estimate of how much a move will certainly cost.

All set to move to one of these cities?

So, now that you know what your cash can get in Alabama, it's time to start preparing your move. Need an expert moving company to aid with the hefty lifting and also transport? Luckily, we have you covered. To find the appropriate moving company for you, examine our considerable network of trustworthy and trustworthy movers-- all qualified as well as insured. Begin by contrasting relocating quotes. Next off, inspect the City Account Report attribute for more information regarding these Alabama cities. Our records consist of city demographics, property details, lifestyle factors and also more. Simply enter the postal code or the state as well as city of your prospective relocate to get a complimentary report at the click of a switch.

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