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Cost of Living in Mobile, AL

Population 203,416 · Census ACS 2020–2024 5-year estimates

Median rent$1,068
Median home value$193,300
Median household income$53,558

The median rent in Mobile, AL is $1,068/month, 6% higher than the Alabama median and 24% lower than the U.S. median. The median home value is $193,300, 42% lower than the national median. Households earn a median of $53,558 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 23.9%
Income needed for median rent (30% rule): $42,720/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $977/mo

Run your own numbers: mortgage calculator · hourly to salary

Mobile vs. Alabama vs. U.S.

MobileAlabamaU.S.
Median rent$1,068$1,007$1,413
Median home value$193,300$209,900$332,700
Median household income$53,558$63,999$80,734
Homeownership rate54.0%70.2%65.2%
Bachelor's degree or higher32.0%28.4%35.7%
Poverty rate18.4%15.6%12.5%
Unemployment rate5.6%4.7%5.2%
Work from home9.3%8.8%15.1%
Median age37.339.338.9

FAQ

What is the average rent in Mobile, AL?

The median gross rent in Mobile, AL is $1,068 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Mobile, AL?

Using the common 30% rule, renting a median-priced home takes about $42,720 a year in gross income.

Is Mobile, AL expensive to live in?

Rent there is 24% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other cities in Alabama

Huntsville, ALRent $1,171 · Income $74,714Birmingham, ALRent $1,107 · Income $46,051Montgomery, ALRent $1,089 · Income $56,811Tuscaloosa, ALRent $1,055 · Income $51,464Hoover, ALRent $1,457 · Income $109,253Auburn, ALRent $1,098 · Income $63,668

Cities with a similar cost of living

Salisbury, NCRent $1,071 · Income $53,716Roseburg, ORRent $1,063 · Income $53,918Lafayette, INRent $1,079 · Income $53,716Mishawaka, INRent $1,070 · Income $54,291North Little Rock, ARRent $1,069 · Income $52,707Milwaukee, WIRent $1,059 · Income $54,234

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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