College Costs in Homewood, AL 2026
Compare tuition, housing, and financial aid across 2 colleges in Homewood, Alabama. Use our free calculator to estimate your total cost.
Avg Public Tuition
$11,200
per year
Avg Private Tuition
$26,000
per year
Avg Rent Near Campus
$456
per month
Colleges & Universities
2
institutions
Homewood Overview
Population
25,823
Student Population
2,859 (11.1%)
Cost of Living Index
80.5 (avg: 100)
Walk Score
40/100
Transit Score
26/100
Unemployment Rate
3.3%
College Cost Calculator for Homewood
Cost Inputs
Total Cost (4 Years, Public In-State)
$100,236
Total After Financial Aid
$100,236
Annual Cost
$25,059
Annual After Aid
$25,059
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $100,236 |
| Monthly Payment | $1,138 |
| Total Interest | $36,343 |
| Total Loan Cost | $136,579 |
Universities in Homewood
| University | Type | Annual Tuition |
|---|---|---|
| Homewood State University | Public | $10,524 |
| Homewood Community College | Community | $5,287 |
Homewood has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Homewood vs. National Average
| Category | Homewood | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $11,200 | $10,940 | +$260 |
| Monthly Rent Near Campus | $456 | $1,050 | -$594 |
| Cost of Living Index | 80.5 | 100 | -19.5 |
Homewood's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Homewood
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,859 students
Homewood has a total population of 25,823, with approximately 2,859 college students (11.1% of the population). Homewood has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Homewood
$31,329
Starting Salary
3.3%
Unemployment Rate
45%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Homewood earn a median starting salary of $31,329, which is -$3,671 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $100,236 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $8,461 per student per year, the net cost and payback period can be significantly reduced.
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