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South #34 of 51 for wealth
Alabama
Estimated taxes, cost of living, income and housing — scored for the goals that move your money.
Estimated data
Median income
$59.6K
household / year
Avg home price
$235K
~$1,416/mo mortgage
Cost of living
88
100 = US avg
Tax burden
7.2%
income + sales + property
Where Alabama ranks
How this state places against all 51 states + DC.
How Alabama scores
Wealth building41/100
Income vs cost of living and taxes — how much you keep and grow.
Homeownership81/100
How far the median income goes toward buying a home.
Young professionals44/100
Job market depth, earning power and manageable costs.
Retirement73/100
Low taxes, gentle cost of living and affordable healthcare.
Families75/100
Affordable housing, everyday costs and healthcare.
Affordability90/100
Overall cost of living — how far your dollar stretches.
Cities in Alabama
States with a similar cost of living
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State figures are educational estimates and should be verified with current local sources.