According to the most recent data on the cost of living, Montgomery has an overall cost of living index of 95 which is 0.9x lower than the national index of 100.
Compared to only Georgia, Montgomery has a cost of living index that's 1.0x higher than Georgia's index of 91.
The standard of living in Montgomery ranks as #2,449 most affordable out of the 6,418 places we measured in Georgia. By definition, that implies Montgomery ranks as the #3,969 most expensive place in the Peach State.
Living Expense | Montgomery | Georgia | National Average | |
---|---|---|---|---|
Overall | 95 | 91 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 95 | 95 | 100 | |
Health | 107 | 99 | 100 | |
Housing | 90 | 87 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 97 | 91 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Montgomery | Georgia | United States |
---|---|---|---|
Median Home Value | $309,800 | $190,200 | $229,800 |
Median Rent | $1,282 | $1,042 | $1,096 |
Median Income | $83,708 | $61,224 | $64,994 |
Home Value To Income | 3.7x | 3.1x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Montgomery | Georgia |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $10.88 | $10.68 |
Bowling | $20.06 | $14.67 |
Item | Montgomery | Georgia |
---|---|---|
Ground Beef | $4.48 | $4.22 |
Fried Chicken | $1.51 | $1.39 |
Milk | $1.76 | $2.05 |
Item | Montgomery | Georgia |
---|---|---|
Haircut | $18.04 | $18.62 |
Beauty Salon | $35.8 | $39.05 |
Toothpaste | $1.95 | $2.34 |
Item | Montgomery | Georgia |
---|---|---|
Potatoes | $3.54 | $3.29 |
Pizza | $11.51 | $10.62 |
Beer | $10.08 | $9.38 |
Optometrist | $93.79 | $108.57 |
Doctor | $109.21 | $116.17 |
Dentist | $127.37 | $99.13 |
Item | Montgomery | Georgia |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $54.96 | $50.07 |
All Electricity | $155.12 | $167.67 |
Phone | $182.23 | $175.64 |
City | Population | Cost Of Living | Vs. Montgomery |
---|---|---|---|
Savannah, GA | 145,492 | 96 | 1.0x |
Pooler, GA | 24,575 | 102 | 1.1x |
Wilmington Island, GA | 15,607 | 107 | 1.1x |
Richmond Hill, GA | 13,250 | 102 | 1.1x |
Georgetown, GA | 12,545 | 96 | 1.0x |
Port Wentworth, GA | 8,886 | 98 | 1.0x |
Skidaway Island, GA | 8,846 | 135 | 1.4x |
Whitemarsh Island, GA | 7,264 | 114 | 1.2x |