Cost of Living in Bessemer, AL

Population 25,655 · Alabama · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Bessemer run well below national norms — a median of $37,844 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $130,000). Around 31% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Bessemer sits roughly 15 miles southwest of Birmingham. Housing prices track closely with Birmingham's $139,000 median.

Cost Overview

Housing 43
Rent 70

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bessemer

The median home value in Bessemer is $129,800 — 57% below the national median of $305,000. Median rent runs $922/month, 30% lower than the national median of $1,314/month. The median household income of $37,844/year is 49% lower than the US median of $74,580. The local unemployment rate is 8.8%, above the national average of 4.8%. Alabama's top state income tax rate is 5.0% and the combined sales tax is 9.2%. Overall, Bessemer has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$129,800
57% below avg
Zillow Home Value
$131,573
Zillow ZHVI
Median Rent
$922/mo
30% below avg
Zillow Rent
$1,246/mo
Zillow ZORI
Price-to-Rent Ratio
11.7x
Favors buying
Property Tax Rate
0.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$688
2 BR
$857
3 BR
$1,132
4 BR
$1,309
Owner-occupied 55.1%
Renter-occupied 44.9%

💰 Estimated Monthly Budget

Rent median rent
$922
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,536/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.6%

Commute Mode

Drove alone
76.5%
Carpooled
9.5%
Public transit
1.3%
Walked
2.2%
Work from home
9.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 9.2%
State rate 4.0%
Avg local rate 5.2%
Property Tax 0.4%

💼 Income & Employment

Median Household Income
$37,844
49% below avg
Per Capita Income
$24,074
Unemployment Rate
8.8%
83% above avg
Poverty Rate
30.7%
Labor Force Participation
50.0%

🎓 Education

Bachelor's degree+ 9.3%
Graduate degree 5.1%

👥 Demographics

Median Age 42.8
Male median age 38.1
Female median age 48.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
20%
Good air days/yr
255
Max AQI recorded
312
PM2.5 days
53
Ozone days

Frequently Asked Questions

What is the cost of living in Bessemer, AL?

Bessemer has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Bessemer, AL?

The median gross rent in Bessemer is $922 per month based on 2023 Census data.

What is the average home price in Bessemer?

The median home value in Bessemer is $129,800 according to Zillow and Census data.

What is the median income in Bessemer?

The median household income in Bessemer is $37,844 per year (2023 ACS 5-year estimates).

What is the sales tax in Bessemer, AL?

The combined state and local sales tax rate in Bessemer is 9.2%. The Alabama state income tax top rate is 5.0%.

Is Bessemer, AL affordable?

Yes, Bessemer is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

Bessemer at a Glance

Population
25,655
Median Income
$37,844
Home Value
$129,800
Median Rent
$922/mo
Unemployment
8.8%
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

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