Can An Accountant Afford Rent in Foley, AL?
Comfortably affordable — rent takes 26.2% of gross income.
Foley rent: June 2026. Salary: BLS OEWS May 2024 (Alabama state estimate).
About rent and an accountant salary
Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.
Cheaper rent nearby
These Alabama cities have lower median rent than Foley, which improves the affordability math on an accountant salary:
Compare with full rent data for Foley
View full rent data for Foley, AL →Frequently asked questions
Can an accountant afford rent in Foley, AL?
Median rent in Foley is $1,707 a month. A typical accountant in Alabama earns about $78,071 a year, which makes that rent 26.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Foley?
Using the 30% rule, an accountant salary in Alabama (~$78,071/yr) supports up to $1,952 a month in rent. Foley's current median rent is $1,707/mo, which leaves a $245/mo buffer.
How many hours does an accountant work to cover rent in Foley?
At an hourly equivalent of about $38 an hour, an accountant in Alabama works roughly 45.5 hours a month to cover Foley's median rent of $1,707.
Where is rent cheaper than Foley for an accountant?
Nearby Alabama cities with lower median rent include Owens Cross Roads ($1,706/mo), Homewood ($1,704/mo), Moody ($1,703/mo). Each shifts the affordability math materially on an accountant salary.