Cost of living index

Montgomery, AL

89.7 / 100

Living in Montgomery, AL is 10.3% cheaper than the US average — the #295 of 387 highest nationally.

Median rent: $1,063/mo

Median home value: $181,400

Figures — including the cost index, median rent, and median home value — cover the wider Montgomery, AL metropolitan area, not individual neighbourhoods or city boundaries.

Winter
62° / 38°F
(17° / 3°C)
14.5 in precip
Spring
79° / 54°F
(26° / 12°C)
13.1 in precip
Summer
93° / 71°F
(34° / 22°C)
13.2 in precip
Fall
80° / 55°F
(27° / 13°C)
10.4 in precip

30-year climate normals (1991–2020) from MONTGOMERY AP, via NOAA.

The Montgomery, AL metro area has an overall price level of 89.7 compared with the national average of 100, meaning everyday costs run about 10.3% lower than a typical US metro. Housing tells the sharper story: at 64.3 it is 35.7% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Overall#295 of 387
89.7
Goods#149 of 387
96.4
Housing rents#301 of 387
64.3
Utilities#272 of 387
84.9
Other services#297 of 387
96.7

Montgomery, AL is moved down the most by housing rents, at 64.3 vs a US average of 100, while the closest to average is other services.

See all 12 metros in Alabama →See the cheapest and most expensive US metros →

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Is Montgomery, AL an expensive place to live?

Montgomery, AL has an overall cost-of-living index of 89.7, where 100 is the US average. That makes it about 10.3% cheaper than the country as a whole.

Is housing expensive in Montgomery, AL?

Housing rents in Montgomery, AL score 64.3 against a US average of 100 — roughly 35.7% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Montgomery, AL compare to the US average cost of living?

Overall prices in Montgomery, AL sit at 89.7 versus 100 for the US average, with housing at 64.3. Figures come from the US Bureau of Economic Analysis for 2024.