In Alabama, the cost of living is significantly lower than the national average, being 89.3 out of the 100 national average. In addition, housing is considerably cheaper, almost 30 points lower than the national average. While utilities are slightly above the national average, the rest of the costs more than makes up for it, making Alabama an affordable place to live. Retirees looking for an affordable place to live should look to Alabama for many reasons, but its cost of living is perhaps the most significant. The chart below will give you more information about why seniors everywhere move to Alabama.
|COST OF LIVING||Alabama||United States|
|Median Home Cost||$142,700||$291,700|