Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Mobile might be more expensive than living in rural Alabama, there are certain neighborhoods that are definitely cheaper.
What exactly are those Mobile neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Mobile are the cheapest using Saturday Night Science.
What’s the cheapest neighborhood to live in Mobile for 2024? According to the most recent census data, Riverfront Industrial Area looks to be the cheapest Mobile neighborhood to live in.
At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Mobile. You could be sacrificing location or crime rates for more space and cheaper groceries.
Read on to see how we determined the places around Mobile that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Mobile.
For more Alabama reading, check out:
- Best Places To Live In Alabama
- Cheapest Places To Live In Alabama
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Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In Mobile For 2024
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Population: 1,706
Cost Of Living Index: 73 (cheapest)
Home Value To Income Ratio: 1.0 (cheapest)
Rent To Income Ratio: 0.014 (3cheapest)
More on Riverfront Industrial Area: Data | Real Estate
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Population: 794
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 1.8 (10th cheapest)
Rent To Income Ratio: 0.013 (29th cheapest)
More on Fowl River: Data | Real Estate
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Population: 1,257
Cost Of Living Index: 85 (54th cheapest)
Home Value To Income Ratio: 1.9 (16th cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Winfield: Data | Real Estate
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Population: 3,297
Cost Of Living Index: 85 (54th cheapest)
Home Value To Income Ratio: 1.6 (6th cheapest)
Rent To Income Ratio: 0.013 (28th cheapest)
More on Colonial Heights: Data | Real Estate
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Population: 657
Cost Of Living Index: 84 (44th cheapest)
Home Value To Income Ratio: 1.8 (13th cheapest)
Rent To Income Ratio: 0.015 (38th cheapest)
More on Glen Acres: Data | Real Estate
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Population: 359
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 2.1 (29th cheapest)
Rent To Income Ratio: 0.016 (45th cheapest)
More on Twin Lakes: Data | Real Estate
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Population: 483
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 2.1 (29th cheapest)
Rent To Income Ratio: 0.016 (45th cheapest)
More on Mohawk: Data | Real Estate
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Population: 383
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 2.1 (29th cheapest)
Rent To Income Ratio: 0.016 (45th cheapest)
More on Huron: Data | Real Estate
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Population: 370
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 2.1 (29th cheapest)
Rent To Income Ratio: 0.016 (45th cheapest)
More on Edington: Data | Real Estate
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Population: 323
Cost Of Living Index: 82 (22nd cheapest)
Home Value To Income Ratio: 2.1 (29th cheapest)
Rent To Income Ratio: 0.016 (45th cheapest)
More on Seminole: Data | Real Estate
Methodology: How We Determined The Cheapest Mobile Hoods In 2024
To rank the cheapest places to live in Mobile, we had to determine what criteria define “cheap” and then apply Saturday Night Science.
Using Census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 140 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Mobile.” We’re lookin’ at you, Riverfront Industrial Area.
We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Mobile. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Mobile
If you’re measuring the neighborhoods in Mobile where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in Mobile are Riverfront Industrial Area, Fowl River, Winfield, Colonial Heights, Glen Acres, Twin Lakes, Mohawk, Huron, Edington, and Seminole.
As mentioned earlier, the neighborhoods in Mobile aren’t all cheap. Second Creek takes the title of the most expensive neighborhood to live in Mobile.
The most expensive neighborhoods in Mobile are Second Creek, Thornhill, Pierce Creek, Jackson Heights, and Westhill.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Alabama reading, check out:
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