Montgomery, AL Cost Of Living

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Updated: 2020-03-08
89
Montgomery's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Montgomery is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Montgomery, AL?

According to the most recent data on the cost of living, Montgomery has an overall cost of living index of 89 which is 0.9x lower than the national index of 100.

Compared to only Alabama, Montgomery has a cost of living index that's 1.0x lower than Alabama's index of 89.

The standard of living in Montgomery ranks as #1524 most affordable out of the 6522 places we measured in Alabama. By definition, that implies Montgomery ranks as the #4883 most expensive place in the Heart of Dixie.

Montgomery Cost Of Living Vs. Alabama

Living Expense Montgomery Alabama National Average
Overall 89 89 100
Services 97 98 100
Groceries 100 96 100
Health 83 91 100
Housing 70 72 100
Transportation 92 91 100
Utilities 100 103 100
For more reading on cost of living around Alabama, check out:
Montgomery Cost of Living Vs. AL

Montgomery, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$119,600
Median Home Value
$867
Median Rent
$45,921
Median Income
Statistic Montgomery Alabama United States
Median Home Value $119,600 $137,200 $204,900
Median Rent $867 $772 $1,023
Median Income $45,921 $48,486 $60,293
Home Value To Income 2.6x 2.8x 3.4x
Rent To Monthly Income 0.23x 0.19x 0.2x

Montgomery SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
7
Affordability
7
Diversity
9
Safety
3
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Montgomery

City Population Cost Of Living Vs. Montgomery
Auburn, AL 62,996 106 1.2x
Prattville, AL 35,657 94 1.1x
Troy, AL 19,141 91 1.0x
Selma, AL 18,804 83 0.9x
Millbrook, AL 15,160 92 1.0x
Pike Road, AL 8,884 106 1.2x
Wetumpka, AL 8,117 91 1.0x

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