With an average $77,000 adjusted income, Birmingham was ranked the No. 1 metro where salaries go the furthest by Indeed.com’s Hiring Lab, further highlighting the region’s affordable cost of living.
The Hiring Lab, an international team of economists and researchers whose work delivers insights that help drive the global labor market conversation, looked at million-person metros from April 2018 to April 2019 in its study. After taking annual salaries from Indeed job postings and adjusting them for cost of living, Birmingham ranked above peer metros like Memphis, Louisville and Oklahoma City.
This new ranking is a testament to Birmingham’s relatively low cost of living, which sits at 85 percent of the national average – one of the lowest cost of living cities among Southeast metros according to many national publications.