Cost of Living in Montgomery, AL
Cost of Living in Montgomery, AL | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 20% higher | 25% lower |
Utilities (Monthly) | 4% lower | 6% higher |
Food | 5% higher | 2% lower |
Healthcare | 4% lower | 20% lower |
Transportation | 16% lower | 8% lower |
Goods & Services | 4% lower | 9% lower |
The cost of living in Montgomery, AL is same as the state average and 12% lower than the national average. Montgomery, AL housing is 25% cheaper than the U.S average, while utilities are about 6% pricier. When it comes to basic necessities such as food and clothing, groceries are around 2% cheaper in Montgomery, AL than in the rest of the country, while clothing costs around 9% less .
Healthcare services such as doctor check-ups and dentistry cost 20% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 9% cheaper in Montgomery, AL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Montgomery is $1,075, while home prices circle around $360,330.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Montgomery, energy bills cost around $214.62 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.62 in Montgomery, a dozen eggs go for around $3.76 and a pound of potatoes circles around $5.11.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Montgomery, an optometry check-up costs around $93.20, while a dentist appointment is priced $74.33 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.09 in Montgomery, while getting your tires balanced will run you about $54.25.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $36.53 here. Meanwhile, a pair of women's slacks will set you back around $33.77.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Montgomery, you should budget around $9.50 a month. When it comes to personal services, a haircut usually goes for $23.40, while dry cleaning costs about $14.42.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Montgomery, the median household income is $54,166.