Montgomery, AL Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Montgomery, AL in 2024?

Overall, on average, a gross annual salary of $50,812 is required for an average quality of life in Montgomery, AL.

Is the Cost of Living High in Montgomery, AL?

Montgomery, AL is ranked 13th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheapest cities in which to live in the U.S. Montgomery, AL's average monthly rent is 50% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Montgomery, AL in 2024?

A gross annual salary of $50,000 in Montgomery, AL will yield an average annual net salary of $43,382. Considering that the total average annual cost of living in Montgomery, AL is $37,941, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Montgomery, AL?

The average monthly rent in Montgomery, AL in the city center is $906 for a 1 bedroom apartment, $1,103 for a 2 bedroom apartment and $1,404 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $808 for a 1 bedroom apartment, $1,002 for a 2 bedroom apartment and $1,203 for a 3 bedroom apartment.

The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.