CostByCity

Florence, AL vs Montgomery, AL

Cost of Living Comparison

Florence, AL is more affordable by 4.9 index points

Side-by-Side Comparison

CategoryFlorence, ALMontgomery, ALDifference
Overall84.889.7-4.9
Housing47.764.3-16.7
Goods96.496.40.0
Utilities85.884.9+0.9
Other Services96.796.70.0

Income & Housing Comparison

MetricFlorence, ALMontgomery, AL
Median Household Income$56,113$60,849
Median Home Value$164,400$170,300
Median Monthly Rent$787$1,032
Per Capita Income$31,940$33,229

Frequently Asked Questions

Is Florence, AL or Montgomery, AL cheaper to live in?
Florence, AL is more affordable. The cost of living difference is 4.9 index points (Florence, AL: 84.8, Montgomery, AL: 89.7).
Where is housing cheaper, Florence, AL or Montgomery, AL?
Housing is more affordable in Florence, AL. Housing index: Florence, AL (47.7) vs Montgomery, AL (64.3).