Housing costs in Montgomery?
A typical home costs
$89,300, which is 73.6% less expensive than the national average of
$338,100 and 36.1% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Montgomery costs
$740 per month, which is 14.0% cheaper than the national average of
$860 and 10.8% cheaper than the state average of
$820.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 25136), West Virginia, a minimum annual income of
$17,280 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in 25136 Montgomery, WV is quite reasonable. The overall cost of living index for the area is 83.6 points, which is 17.4 points lower than the national average. This means that purchasing power in this area is significantly higher than in most other regions of the United States. Housing costs are especially affordable with a median home value of just $85,800 and a median rent of only $686 per month. Grocery prices are also quite low here, with food costing approximately 10% less than the U.S. average on average. Utilities such as electricity and water are generally cheaper here too, making this an ideal location for those looking to save money while still enjoying all the benefits of high-quality amenities and services found in many other metropolitan areas across the country.