Housing costs in Montgomery?
A typical home costs
$126,700, which is 62.5% less expensive than the national average of
$338,100 and 40.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Montgomery costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$940.
Can I afford Montgomery?
To live comfortably in Montgomery, Alabama, a minimum annual income of
$24,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Montgomery?
Montgomery is Alabama’s capital city and one of its largest urban centers offering plenty of employment opportunities within its downtown core as well as surrounding suburbs and rural areas. The cost of living here is relatively low when compared with other cities around the country although housing prices have been steadily increasing since 2017. Renting an apartment or house here can range from around $650 - $1200 per month depending on size and treatment offered inside your unit while utilities like internet, electricity etc., come at a fractional price found anywhere else across USA . Public transportation links are limited within Montgomery so car ownership tends to be favoured over taking public buses or taxis; however petrol prices tend not differ much from national averages aiding this cheap lifestyle saving further if you're planning on traveling out!