| COST OF LIVING | Florence | Alabama |
|---|---|---|
| Health | 101.6 | 102.2 |
| Housing | 48.8 | 55.9 |
| Median Home Cost | $112,800 | $129,300 |
| Utilities | 97.3 | 101.2 |
Is Florence AL a good place to live?
Florence is in Lauderdale County and is one of the best places to live in Alabama. Living in Florence offers residents a sparse suburban feel and most residents own their homes. In Florence there are a lot of parks. Many young professionals and retirees live in Florence and residents tend to lean conservative.
How much money do you need to live in Alabama?
Alabama comes in on the low end of the scale. You’ll need $39,920 a year, or $3,326 a month, to afford the median rent in Alabama ($998) and adhere to the 30 percent threshold guide. That’s the 48th lowest salary needed in the U.S., behind only Arkansas ($38,120), Oklahoma ($38,000) and West Virginia ($35,520.)
Is it expensive to live in Alabama?
An amount below 100 means Alabama is cheaper than the US average. A cost of living index above 100 means Alabama, Alabama is more expensive.
…
Alabama cost of living is 82.3.
| COST OF LIVING | Alabama | United States |
|---|---|---|
| Grocery | 94.4 | 100 |
| Health | 102.2 | 100 |
| Housing | 55.9 | 100 |
| Median Home Cost | $129,300 | $231,200 |
Is Alabama a cheap state to live in?
Alabama ranks seventh for the lowest cost of living. Alabama has relatively high taxes and high utilities (cost index of 103.3); however, it makes up for it with housing. The median rent for a two-bedroom apartment in Alabama is $698, and the median home value is $129,300.
Is Florence al safe?
Is Florence, AL Safe? The D+ grade means the rate of crime is higher than the average US city. Florence is in the 28th percentile for safety, meaning 72% of cities are safer and 28% of cities are more dangerous.
What is Florence AL known for?
Currently, Florence is known as “Alabama’s Renaissance City” because of its annual hosting of the Alabama Renaissance Faire. Florence has a city council form of government with a mayor and six council members who each serve a four-year term.
What’s the most dangerous city in Alabama?
In Alabama, Fairfield is the city with the most murder rate, with 75.3 murders per 100,000 residents.
What is a good salary in Alabama?
Average Salary in Alabama
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $78,782 | $6,565 |
| 75th Percentile | $64,776 | $5,398 |
| Average | $53,786 | $4,482 |
| 25th Percentile | $43,330 | $3,610 |
What are the highest paying jobs in Alabama?
Detailed List Of Highest Paying Jobs In Alabama
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Obstetricians And Gynecologists | $269,920 |
| 2 | Surgeons, Except Ophthalmologists | $265,650 |
| 3 | Anesthesiologists | $264,480 |
| 4 | Family Medicine Physicians | $227,770 |
Why is real estate so cheap in Alabama?
It like most things related to money is driven by economics. The state doesn’t have a heavy regulatory burden, and there’s not a super high demand for housing, so the cost is truly a function of supply and demand.
How much do you need to make to live comfortably in Alabama?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $23,222 | $44,567 |
| Annual taxes | $5,430 | $10,420 |
| Required annual income before taxes | $28,652 | $54,987 |
What is the cheapest city to live in in Alabama?
The Most Affordable Places To Live In Alabama
| Rank | City | Population |
|---|---|---|
| 1 | Attalla | 5,836 |
| 2 | Russellville | 9,781 |
| 3 | Roanoke | 5,926 |
| 4 | Lincoln | 6,681 |
What state pays you to move there?
Alaska. Moving outside the lower 48 might be a big ask, which is why the state is offering a $1,600 incentive through The Permanent Fund Dividend. The catch is that you have to stay a year, but once you get there and reap the benefits of no state tax and the outdoors, you might be inclined to stay.
What state has cheapest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states. …
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States. …
- Arkansas. The state with the third-lowest cost of living in Arkansas. …
- Kansas. …
- Missouri. …
- Georgia. …
- Alabama. …
- New Mexico.
What is the nicest city in Alabama?
25 best places to live in Alabama
- Homewood – Population 25,534.
- Madison – Population 49,327.
- Indian Springs Village – Population2,549.
- Hoover – Population 85,175.
- Vestavia Hills – Population 34,307.
- Meadowbrook – Population 9,468.
- Mountain Brook – Population 20,436.
- Auburn – Population 64,054.