Housing costs in Mobile?
A typical home costs
$168,700, which is 50.1% less expensive than the national average of
$338,100 and 21.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Mobile costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 4.1% more than the state average of
$940.
Can I afford Mobile?
To live comfortably in Mobile Alab Metro Area, 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 the Mobile, AL Metro Area is significantly lower than the US average. According to a recent report, the cost of living in this area is 83.7, which is 16.3 points below the national average of 100. This lower cost of living means that housing prices are more accessible for residents in Mobile than those in other parts of the country. The median house value for this area is $168,700 compared to the US average house value of $338,100 - more than double the value found here in Mobile.