Cost of Living in Foley, AL
Population 24,026 · Census ACS 2020–2024 5-year estimates
The median rent in Foley, AL is $1,242/month, 23% higher than the Alabama median and 12% lower than the U.S. median. The median home value is $289,300, 13% lower than the national median. Households earn a median of $66,336 a year, 4% higher than the state median.
Affordability
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Foley vs. Alabama vs. U.S.
| Foley | Alabama | U.S. | |
|---|---|---|---|
| Median rent | $1,242 | $1,007 | $1,413 |
| Median home value | $289,300 | $209,900 | $332,700 |
| Median household income | $66,336 | $63,999 | $80,734 |
| Homeownership rate | 70.9% | 70.2% | 65.2% |
| Bachelor's degree or higher | 24.6% | 28.4% | 35.7% |
| Poverty rate | 11.0% | 15.6% | 12.5% |
| Unemployment rate | 3.5% | 4.7% | 5.2% |
| Work from home | 10.5% | 8.8% | 15.1% |
| Median age | 52.7 | 39.3 | 38.9 |
FAQ
What is the average rent in Foley, AL?
The median gross rent in Foley, AL is $1,242 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Foley, AL?
Using the common 30% rule, renting a median-priced home takes about $49,680 a year in gross income.
Is Foley, AL expensive to live in?
Rent there is 12% lower than the U.S. median, and the median home costs about 4.4 times the median household income.
Other cities in Alabama
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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