salaryMontgomery is 15% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Montgomery to live the same way.
🏠 Rent per month
$1,651
$1,304
🛏️ 2-bedroom rent
$1,565
$1,085
💵 Families earn per year
$111,392
$61,271
🔑 Buying a house
$395,900
$161,900
📊 Overall prices (U.S. = 100)
105.4
89.7
🏛️ Property tax per year
$4,982
$643
⚡ Electric bill per month
$136
$185
👥 People living there
288,976
197,494
Commute to work
18.8 min
20.7 min
College degree
38.7%
33.8%
Own their home
63.9%
54.4%
Below poverty line
8.9%
21.5%
Unemployment
4.6%
6.4%
Bottom line
- Pick Anchorage for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Anchorage | Montgomery | Difference |
|---|---|---|---|
| Police Officer | $115,020 | $48,490 | -58% in Montgomery |
| Dental Hygienist | $132,740 | $60,120 | -55% in Montgomery |
| HVAC Technician | $85,620 | $48,680 | -43% in Montgomery |
| Electrician | $82,440 | $49,910 | -39% in Montgomery |
| Plumber | $93,600 | $57,960 | -38% in Montgomery |
| Carpenter | $72,800 | $47,360 | -35% in Montgomery |
| Nurse Practitioner | $157,430 | $105,050 | -33% in Montgomery |
| Physician Assistant | $152,710 | $102,040 | -33% in Montgomery |
Frequently asked questions
Is Anchorage or Montgomery cheaper to live in?
Montgomery is about 15% cheaper overall. Rent is $1,304 a month there versus $1,651 in Anchorage.
What salary do I need in Montgomery to match $60,000 in Anchorage?
About $51,043 a year gives the same standard of living in Montgomery.
Where do people earn more, Anchorage or Montgomery?
The typical household earns $111,392 in Anchorage and $61,271 in Montgomery, 82% more in Anchorage.