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Alabama Yearly Expenses
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Multi-State
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US-175-AZ
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FAQ
The average cost of attendance at any 4-year institution is $35,331. The average cost of tuition at any 4-year institution is $28,775. At public 4-year institutions, the average in-state tuition and required fees total $9,349 per year; out-of-state tuition and fees average $27,023.
The typical renter in Alabama spends $772 a month on housing, $251 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $600, while the typical rent for a unit with five or more bedrooms is $1,130.
Alabama ranks seventh for the lowest cost of living. Alabama has relatively high taxes and high utilities (cost index of 103.3); however, it makes up for it with housing. The median rent for a two-bedroom apartment in Alabama is $698, and the median home value is $129,300.
The cost of living Alabama is one of the cheapest states in the nation, with an overall cost of living well below the national average. If you're moving in from a more expensive state and city, then you're really going to feel the benefit of lower bills and mortgage payments.
Average Cost of Living in Alabama: $35,859 per year The Bureau of Economic Analysis cites that the average cost of living in Alabama is around $35,859 per year for a typical single individual.
For the students who were admitted in Fall 2022, the estimated tuition for 4 years is $48,618 for Alabama residents and $129,080 for out-of-state students. For the students who were admitted in Fall 2022, the estimated 4-years COA is $127,149 for Alabama residents and $207,611 for out-of-state students.
How much does it cost to attend four year college in Alabama? The average annual in-state four year college tuition in Alabama was $13,216 for the 2020-2021 academic year. This is a change of ($32) from the 2019-2020 average of $13,248 and represents a -0.24% annual decline.
Alabama has the seventh-lowest cost of living in the United States. Alabama's housing index is only 70.2. The median home price in Alabama is $129,300, and the average rent for a two-bedroom apartment is $772 per month.
