Housing costs in Montgomery?
A typical home costs
$136,100, which is 59.7% less expensive than the national average of
$338,100 and 36.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Montgomery costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 4.1% more than the state average of
$940.
Can I afford Montgomery?
To live comfortably in Montgomery Alab County, Alabama, a minimum annual income of
$25,920 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in Montgomery, AL County is lower than the national average. According to the data, the median house value is $136100 which is much lower than US average house value of $338,100. The Cost of Living Index for Montgomery, AL County is 79 as compared to US Average Cost of Living Index of 100. This indicates that living in Montgomery, AL County can be more affordable than other locations across the US and it might be a good option for those looking for an affordable place to live.