Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $28,809 | $86,390 |
| Annual taxes | $6,736 | $20,199 |
| Required annual income before taxes | $35,545 | $106,588 |
What is a good salary in Birmingham Alabama?
The average salary in Birmingham is $41,728. A good hourly wage in Birmingham is $16.83 per hour. That works out to a good weekly wage of $673 per week and a good monthly wage of $2,916 per month. However, using the median income is only one way to calculate a good salary in Birmingham.
What is a livable salary in Alabama?
Living Wage Calculation for Alabama
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $15.91 | $24.43 |
| Poverty Wage | $6.19 | $7.46 |
| Minimum Wage | $7.25 | $7.25 |
How much does it cost to live in Birmingham Alabama?
Birmingham cost of living is 74.1
| COST OF LIVING | Birmingham | Alabama |
|---|---|---|
| Grocery | 93.3 | 94.4 |
| Health | 101.1 | 102.2 |
| Housing | 28.3 | 55.9 |
| Median Home Cost | $79,000 | $165,200 |
Is it cheap to live in Birmingham Alabama?
Birmingham, AL housing is 19% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 2% more in Birmingham, AL than in the rest of the country, while clothing costs around 2% more .
What is the average wage in Birmingham?
Birmingham average salary comparison by sex
| Local authority | Female average salary, 2021 | Male average salary |
|---|---|---|
| Bromsgrove | £27.8k | £34.6k |
| Redditch | £27.1k | £36.2k |
| Birmingham | £32.9k | £40.0k |
| United Kingdom | £33.2k | £41.5k |
What is minimum wage in Alabama?
$7.25
Here’s the new minimum wage in every state as of 2022, according to the Department of Labor: Alabama: $7.25.
What is a comfortable salary in Alabama?
Comfortable Salary in Alabama. $25,385 is the 25th percentile. Salaries below this are outliers. 5% of jobs $38,953 is the 75th percentile.
What is the average single income in Alabama?
Alabama Per Capita Income
The ACS survey shows the median per capita income for Alabama was $28,650 in 2019. Compared to the US per capita income, Alabama per capita income is $7,022 lower.
What is a good income for a single person?
While what is a good salary for a single person will depend largely on where you live, the median household income in the US is $67,521. As this is often based on multiple incomes in the one household, a single person earning at least $67,521 can be considered a good salary.
Is Birmingham an expensive city?
Since Birmingham is located roughly in the middle of the UK, it’s relatively affordable to move there from elsewhere in the UK. However since it lacks its own port, shipping from overseas can be a little more expensive.
What state has the lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Birmingham Alabama a good place to live?
Birmingham, Alabama is ranked as one of the top 100 places to live in the U.S., and for good reason. With a recent increase in dining options, entertainment, sports, music, and job opportunities, those who call this city “home” love this best-kept secret of the South.
Is Birmingham a good place to raise a family?
The city ranked 110th for family fun; 115th for health and safety; 151st for affordability; 166th for education and childcare; and 175th for socioeconomics. Among the individual categories, Birmingham ranked third highest when it came to divorce rates, ahead of only Detroit, Michigan and Cleveland, Ohio.
What are the pros and cons of living in Alabama?
Pros & Cons of Living in Alabama
| Pros of living in Alabama | Cons of living in Alabama |
|---|---|
| There are top-quality educational opportunities in Alabama | Some of the public schools in Alabama are known for poor quality |
| Low housing costs | You’ll have to put up with many socially conservative people in Alabama |
What is Birmingham Alabama known for?
Birmingham is known as the founding city for the recognition of Veterans Day and hosts the nation’s oldest and largest Veterans Day celebration. Birmingham is the only place in the world where all the ingredients for making iron are present—coal, iron ore and limestone, all within a ten-mile radius.
Is 40K a good salary in Birmingham?
Is Making 40K A Year Good? The salary of $40,00 is a decent one.
What is minimum wage for a 21 year old?
£9.18 an
Age 18-20 – £6.83 an hour. Age 21-22 – £9.18 an hour. Age 23+ – £9.50 an hour (National Living Wage).
What was the average yearly salary in 1948?
The income of the average (median) family was $3,200, or about $150 higher than in 1947 and about $600 higher than in the war years of 1944 and 1945.
Which states have a $15 minimum wage?
The following are the states that are slowly increasing their minimum wages to $15 are: California by 01/01/2022, Connecticut by 06/01/2023, Illinois by 01/01/2025, Maryland by 01/01/2025, Massachusetts by 01/01/2023, New Jersey by 01/01/2024, and New York (starting 12/31/20 is adjusting the rate annually until it
What state has the highest 2021 minimum wage?
Washington
* Florida’s $8.65 wage will go into effect 9/30/21. Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour.
States with minimum wage increases in 2021:
| State | Washington |
|---|---|
| 2020 Minimum Wage | $13.50 |
| 2021 Minimum Wage | $13.69 |
| Effective Date | 1/1/21 |
