Housing costs in Mobile?
A typical home costs
$259,100, which is 23.4% less expensive than the national average of
$338,100 and 21.1% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Mobile costs
$1,210 per month, which is 28.7% more than the national average of
$940 and 19.0% more than the state average of
$980.
Can I afford Mobile?
To live comfortably in Mobile (zip 36695), Alabama, a minimum annual income of
$49,680 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Mobile?
The cost of living in 36695 Mobile, AL is quite affordable. According to BestPlaces, the cost of living index in this area is 74.45. This is lower than the US average of 100, meaning that it is generally cheaper to live in Mobile than other parts of the country. Groceries and restaurants are especially affordable, with a meal at an inexpensive restaurant costing only $11 on average. Housing costs are also relatively low compared to other places in the US, with the median rent for a one-bedroom apartment coming out to around $719 per month. All these factors make 36695 Mobile, AL an attractive option for those looking for an affordable place to live.