CostByCity

Cost of Living in Montgomery, AL

2024 data from the Bureau of Economic Analysis

Cost Index
89.7
10.3% below avg
Housing Index
64.3
Median Income
$60,849
Median Rent
$1,032/mo

Cost Breakdown

Overall89.7 (-10.3%)
Housing64.3 (-35.7%)
Goods96.4 (-3.6%)
Utilities84.9 (-15.1%)
Other Services96.7 (-3.3%)

National average = 100

Income & Housing

Median Household Income
$60,849/year
Median Home Value
$170,300
Median Monthly Rent
$1,032/mo
Per Capita Income
$33,229/year

Compare Montgomery, AL With

Montgomery, AL vs Lima, OHMontgomery, AL vs Kokomo, INMontgomery, AL vs Victoria, TXMontgomery, AL vs Dalton, GAMontgomery, AL vs Wichita Falls, TXMontgomery, AL vs Altoona, PAMontgomery, AL vs Longview, TXMontgomery, AL vs El Paso, TXMontgomery, AL vs Columbia, MOMontgomery, AL vs Canton, OH

Frequently Asked Questions

Is Montgomery, AL expensive to live in?
Montgomery, AL has a cost of living index of 89.7, which is 10.3% below the national average.
How much does housing cost in Montgomery, AL?
Housing costs in Montgomery, AL are indexed at 64.3 compared to the national average of 100. The median monthly rent is $1,032.
What is the average income in Montgomery, AL?
The median household income in Montgomery, AL is $60,849 per year.
What is the average home price in Montgomery, AL?
The median home value in Montgomery, AL is $170,300.