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Cost of Living in Phenix City, AL

Population 38,499 · Census ACS 2020–2024 5-year estimates

Median rent$967
Median home value$170,300
Median household income$50,053

The median rent in Phenix City, AL is $967/month, 4% lower than the Alabama median and 32% lower than the U.S. median. The median home value is $170,300, 49% lower than the national median. Households earn a median of $50,053 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 23.2%
Income needed for median rent (30% rule): $38,680/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $861/mo

Run your own numbers: mortgage calculator · hourly to salary

Phenix City vs. Alabama vs. U.S.

Phenix CityAlabamaU.S.
Median rent$967$1,007$1,413
Median home value$170,300$209,900$332,700
Median household income$50,053$63,999$80,734
Homeownership rate52.4%70.2%65.2%
Bachelor's degree or higher23.2%28.4%35.7%
Poverty rate24.5%15.6%12.5%
Unemployment rate5.4%4.7%5.2%
Work from home10.6%8.8%15.1%
Median age35.639.338.9

FAQ

What is the average rent in Phenix City, AL?

The median gross rent in Phenix City, AL is $967 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $38,680 a year in gross income.

Is Phenix City, AL expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 3.4 times the median household income.

Other cities in Alabama

Huntsville, ALRent $1,171 · Income $74,714Mobile, ALRent $1,068 · Income $53,558Birmingham, ALRent $1,107 · Income $46,051Montgomery, ALRent $1,089 · Income $56,811Tuscaloosa, ALRent $1,055 · Income $51,464Hoover, ALRent $1,457 · Income $109,253

Cities with a similar cost of living

Adrian, MIRent $956 · Income $50,209Springfield, MORent $964 · Income $49,311Port Huron, MIRent $982 · Income $50,366Watertown, NYRent $967 · Income $51,753Goldsboro, NCRent $971 · Income $48,540Jacksonville, ARRent $930 · Income $49,666

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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