Lakeland, FL vs Montgomery, AL
Cost of Living Comparison
Montgomery, AL is more affordable by 7.5 index points
Side-by-Side Comparison
| Category | Lakeland, FL | Montgomery, AL | Difference |
|---|---|---|---|
| Overall | 97.1 | 89.7 | +7.5 |
| Housing | 95.9 | 64.3 | +31.6 |
| Goods | 96.2 | 96.4 | -0.2 |
| Utilities | 86.9 | 84.9 | +2.0 |
| Other Services | 98.9 | 96.7 | +2.2 |
Income & Housing Comparison
| Metric | Lakeland, FL | Montgomery, AL |
|---|---|---|
| Median Household Income | $60,901 | $60,849 |
| Median Home Value | $215,700 | $170,300 |
| Median Monthly Rent | $1,192 | $1,032 |
| Per Capita Income | $30,262 | $33,229 |
Frequently Asked Questions
Is Lakeland, FL or Montgomery, AL cheaper to live in?
Montgomery, AL is more affordable. The cost of living difference is 7.5 index points (Lakeland, FL: 97.1, Montgomery, AL: 89.7).
Where is housing cheaper, Lakeland, FL or Montgomery, AL?
Housing is more affordable in Montgomery, AL. Housing index: Lakeland, FL (95.9) vs Montgomery, AL (64.3).