Housing costs in Mobile?
A typical home costs
$180,000, which is 46.8% less expensive than the national average of
$338,100 and 15.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Mobile costs
$910 per month, which is 3.2% cheaper than the national average of
$940 and 7.7% cheaper than the state average of
$980.
Can I afford Mobile?
To live comfortably in Mobile (zip 36604), Alabama, a minimum annual income of
$34,560 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Mobile?
The cost of living in 36604 Mobile, AL is relatively affordable compared to other areas in the United States. The overall cost of living index for the city is 92.5, which is 8.5 percent below the national average. Good and services, including housing and transportation are also relatively low, making it a great option for those looking to save money while still having access to plenty of amenities. Additionally, there are a variety of tax incentives available for businesses located within the city limits, which can help to improve affordability even further. All these factors make 36604 Mobile, AL an attractive option for those looking for an affordable place to live in the United States.