Zip 36116 (Montgomery, AL) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Montgomery, Alabama?
$1,950 / month
for a family, 63.9% less expensive than the national average A total of $23,400 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Montgomery cost of living score
79
Less expensive
21.0% lower
than the US average
6.1% lower
than the Alabama average
Montgomery (zip 36116), Alabama gets a BestPlaces Cost of Living score of 79, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.0% lower than the U.S. average and 6.1% higher than the average for Alabama.

Zip 36116 (Montgomery, AL)

Housing costs in Montgomery?
A typical home costs $123,000, which is 63.6% less expensive than the national average of $338,100 and 42.5% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Montgomery costs $1,000 per month, which is 6.4% more than the national average of $940 and 2.0% more than the state average of $980.

Can I afford Montgomery?
To live comfortably in Montgomery (zip 36116), Alabama, a minimum annual income of $23,400 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Montgomery?
The cost of living in 36116 Montgomery, AL is relatively low compared to other areas. The median home value is $124,500 and the median rent is $717, which are both lower than the national averages. Additionally, the cost of food is 4% lower than the average while healthcare costs are 1% lower. Overall, 36116 Montgomery provides an affordable place to live with a reasonable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontgomeryAlabamaUnited States
    Unlock84.1100.0
  91.7  Unlock100.0
    Unlock118.9100.0
  35.4  Unlock100.0
    Unlock$214,000$338,100
  101.6  Unlock100.0
    Unlock85.9100.0
  83.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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