Housing costs in Montgomery?
A typical home costs
$189,900, which is 43.8% less expensive than the national average of
$338,100 and 11.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Montgomery costs
$1,060 per month, which is 12.8% more than the national average of
$940 and 7.5% more than the state average of
$980.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 36106), Alabama, a minimum annual income of
$36,360 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in 36106 Montgomery, AL is generally lower than the national average. The median home value is around $125,000 and rental prices are also relatively inexpensive. Groceries, health care, and transportation costs are all below the U.S. average as well. The cost of utilities is slightly higher than the U.S. average but still fairly reasonable for the area. Overall, living in 36106 Montgomery is a great option for those looking to save money on their daily expenses while still enjoying all that this vibrant city has to offer!