Housing costs in Montgomery?
A typical home costs
$164,000, which is 51.5% less expensive than the national average of
$338,100 and 23.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Montgomery costs
$1,500 per month, which is 59.6% more than the national average of
$940 and 34.7% more than the state average of
$980.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 36115), Alabama, a minimum annual income of
$31,320 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in 36115 Montgomery, AL is slightly higher than the national average. The average price for a home is $143,400, which is 9% higher than the national median. The median rent is $818 per month, which is 3% higher than the national median. Gas prices are 4% lower than the national average and groceries are 6% lower. Overall, 36115 Montgomery has a decent cost of living that will appeal to many people looking to live in the area.