As it turns out, it pays to live in Birmingham. According to a report by the Birmingham Business Journal, the Birmingham-Hoover metro has ranked among other large US metro areas for the lowest increase in cost of living over the last decade.
Where we ranked 👀
Unlike some US metros like Seattle and Denver, Birmingham-Hoover has maintained a relatively low cost of living. A study by Filterbuy stacked up metros of every size across the US to measure cost of living increases in the past decade. We ranked 46th among large US metros. Here’s what else they found:
- Birmingham-Hoover residents experienced a 13.7% increase in cost of living from 2010-2020—the 10th smallest increase on the list
- Overall cost of living (compared to average) decreased by 7.4%
- Cost of goods (compared to average) decreased by 4.5%
- Cost of housing (compared to average) decreased by 28.5%
Coming in hot 🔥
Birmingham-Hoover beat out lots of popular cities for the lowest increase in cost of living from the decade. Tuscon, AZ; Virginia Beach, VA; Las Vegas, NV; and Philadelphia, PA were all below Birmingham-Hoover on the rankings.
Seattle, Denver, Portland, Miami and San Fransisco came in with the highest cost of living increases on the list. I’ll stick with living in Birmingham for now.
It’s nice to have you in Birmingham
Our thriving food scene, fun night life and uplifting community all comes at a lower cost of living than many cities with the same perks.
Explore more reasons to fall in love with livin’ in Bham:
- 15 fun things you’ve never tried in Birmingham that you need to in 2022
- Your ultimate guide to #ShoppingLocal in Birmingham
- Your guide to Birmingham’s beautiful murals
- Your guide to some of the best food trucks in Birmingham
- Your guide to 15 Birmingham-area breweries + what to order at each
What’s you favorite thing about living in Birmingham? Tag us @bhamnow and let us know!