Cost of Living: Mobile, AL vs Albany, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mobile | Albany |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $169,100 | $282,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1500 | $2496 |
Housing Comparison: Mobile vs Albany
- The median home price in Albany is higher at $282,000, compared to $169,100 in Mobile.
- In Albany, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Mobile.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mobile | Albany |
|---|---|---|
| Electricity Price | $15.03 | $26.08 |
| Natural Gas Price | $21.76 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mobile vs Albany
- Albany has higher electricity costs at $26.08 per kWh, versus $15.03 in Mobile.
- Natural gas is more expensive in Mobile at $21.76 per unit, while it is cheaper at $18.13 in Albany.
- Albany has higher utility expenses, averaging $250, while Mobile averages $200.