Montgomery, TX Cost of Living


5 Reviews



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Montgomery cost of living score
100.1
More expensive
0.1% higher
than the US average
6.3% higher
than the Texas average
Montgomery, Texas gets a BestPlaces Cost of Living score of 100.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.1% higher than the U.S. average and 6.3% higher than the average for Texas.

Montgomery, TX

Housing costs in Montgomery?
A typical home costs $398,800, which is 18.0% more expensive than the national average of $338,100 and 34.0% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Montgomery costs $1,550 per month, which is 8.4% more than the national average of $1,430 and 17.4% more than the state average of $1,280.

Can I afford Montgomery?
To live comfortably in Montgomery, Texas, a minimum annual income of $76,320 for a family, and $51,600 for a single person is recommended.

What does A.I. say about Montgomery?
The cost of living in Montgomery, TX is quite reasonable. Many basic items such as groceries, gas, and housing are all much lower than the national average. The median home value in Montgomery is just over $200,000, which is well below the national median of $226,800. Additionally, monthly housing costs are approximately $1,100 for a two bedroom apartment or house. Other expenses such as groceries and gasoline are also reasonably priced when compared to the rest of the country. This makes Montgomery a great place to live for those looking for an affordable lifestyle without sacrificing quality or amenities.
   Cost of living score
     CategoriesMontgomeryTexasUnited States
  100.194.2100.0
  101.293.7100
  100.4100.0100.0
  108.983.5100.0
  $398,800$297,600$338,100
  98.4%99.2%100.0%
  102.4103.3100.0
  105.283.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Montgomery
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Over 9 years ago

Montgomery is a wonderful place to  More

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Summers on Lake Conroe are lovely casual, quaint, but extremely humid, hot and buggy. Temperatures reach as high as 105% in August and September. Summers last from June  More

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Nice large lake with plenty or room to ski, boat, and fish. We have many beautiful homes in established and new neighborhoods surrounding the lake and a national forest  More

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