Calculate using real Birmingham data. Median home price: $160,000. Property tax rate: 0.4%.
Birmingham, AL has a cost of living index of 84, where 100 represents the national average. This means living in Birmingham is 16% less expensive the national average.
The median household income in Birmingham, AL is $37,840. Combined with a cost of living index of 84, this provides a picture of purchasing power in the area.
The median home price in Birmingham, AL is $160,000 with a property tax rate of 0.4%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,012.