CostByCity

Cost of Living in Mobile, AL

2024 data from the Bureau of Economic Analysis

Cost Index
88.1
11.9% below avg
Housing Index
60.1
Median Income
$55,247
Median Rent
$970/mo

Cost Breakdown

Overall88.1 (-11.9%)
Housing60.1 (-39.9%)
Goods96.4 (-3.6%)
Utilities84.2 (-15.8%)
Other Services96.7 (-3.3%)

National average = 100

Income & Housing

Median Household Income
$55,247/year
Median Home Value
$163,600
Median Monthly Rent
$970/mo
Per Capita Income
$30,436/year

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Frequently Asked Questions

Is Mobile, AL expensive to live in?
Mobile, AL has a cost of living index of 88.1, which is 11.9% below the national average.
How much does housing cost in Mobile, AL?
Housing costs in Mobile, AL are indexed at 60.1 compared to the national average of 100. The median monthly rent is $970.
What is the average income in Mobile, AL?
The median household income in Mobile, AL is $55,247 per year.
What is the average home price in Mobile, AL?
The median home value in Mobile, AL is $163,600.