Housing costs in Mobile?
A typical home costs
$169,700, which is 49.8% less expensive than the national average of
$338,100 and 20.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Mobile costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$940.
Can I afford Mobile?
To live comfortably in Mobile Alab County, Alabama, a minimum annual income of
$32,400 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Mobile?
The cost of living in Mobile, AL County is much lower than the national average. The median home value in the county is approximately $169,700 compared to the US average of $338,100. Additionally, the cost of living index in Mobile is 84.1 while the US average is 100 - indicating that goods and services are generally less expensive in Mobile than other parts of the country. Therefore, for those looking to purchase a home on a budget and who want to save money on day-to-day spending, Mobile is an excellent choice.