Bessemer, AL Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Bessemer's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Bessemer is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Bessemer, AL?

According to the most recent data on the cost of living, Bessemer has an overall cost of living index of 80 which is 0.8x lower than the national index of 100.

Compared to only Alabama, Bessemer has a cost of living index that's 0.9x lower than Alabama's index of 89.

The standard of living in Bessemer ranks as #226 most affordable out of the 6522 places we measured in Alabama. By definition, that implies Bessemer ranks as the #6180 most expensive place in the Heart of Dixie.

For more reading on life in Bessemer, check out:

Bessemer Cost Of Living Vs. Alabama

Living Expense Bessemer Alabama National Average
Overall 80 89 100
Services 88 98 100
Groceries 88 96 100
Health 88 91 100
Housing 55 72 100
Transportation 92 91 100
Utilities 103 103 100
For more reading on cost of living around Alabama, check out:
Bessemer Cost of Living Vs. AL

Bessemer, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Bessemer Alabama United States
Median Home Value $83,500 $137,200 $204,900
Median Rent $758 $772 $1,023
Median Income $31,610 $48,486 $60,293
Home Value To Income 2.6x 2.8x 3.4x
Rent To Monthly Income 0.29x 0.19x 0.2x

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Cost Of Living In Cities Around Bessemer

City Population Cost Of Living Vs. Bessemer
Birmingham, AL 212,021 81 1.0x
Hoover, AL 84,480 104 1.3x
Alabaster, AL 32,878 91 1.1x
Homewood, AL 25,595 107 1.3x
Pelham, AL 23,242 92 1.1x
Helena, AL 17,861 96 1.2x
Hueytown, AL 15,583 84 1.1x
Chelsea, AL 12,643 103 1.3x
Fairfield, AL 10,790 81 1.0x
Pleasant Grove, AL 10,185 91 1.1x

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