Cost of Living in Mobile, Alabama
In Mobile, the median household income is $53,558 and the median gross rent is $1,068/mo, with a median home value of $193,300. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $53,558
- Median gross rent
- $1,068/mo
- Median home value
- $193,300
- Population
- 203,416
How Mobile compares to the Alabama average
| Measure | Mobile, AL | Alabama statewide | Difference |
|---|---|---|---|
| Median household income | $53,558 | $63,999 | -16.3% |
| Median gross rent (monthly) | $1,068 | $1,007 | +6.1% |
| Median home value | $193,300 | $209,900 | -7.9% |
Statewide, Alabama prices average 88.8 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Mobile
- Salary needed for median rent
- $42,720
- Rent burden at median income
- 23.9%
- Est. affordable home price
- $195,376
So that $1,068/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Mobile is $193,300 — within what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Alabama cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.