Montgomery is 8% 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
$1,881
$1,304
🛏️ 2-bedroom rent
$1,690
$1,085
💵 Families earn per year
$88,510
$61,271
🔑 Buying a house
$385,700
$161,900
📊 Overall prices (U.S. = 100)
97.3
89.7
🏛️ Property tax per year
$2,808
$643
⚡ Electric bill per month
$126
$185
👥 People living there
903,844
197,494
Commute to work
24.7 min
20.7 min
College degree
48%
33.8%
Own their home
51%
54.4%
Below poverty line
11.7%
21.5%
Unemployment
4.6%
6.4%
Bottom line
- Pick Charlotte for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Charlotte | Montgomery | Difference |
|---|---|---|---|
| Dental Hygienist | $98,390 | $60,120 | -39% in Montgomery |
| Server (Waiter/Waitress) | $36,430 | $26,360 | -28% in Montgomery |
| Market Research Analyst | $82,930 | $61,240 | -26% in Montgomery |
| Firefighter | $38,700 | $48,780 | +26% in Montgomery |
| Physician Assistant | $133,140 | $102,040 | -23% in Montgomery |
| Police Officer | $63,190 | $48,490 | -23% in Montgomery |
| Medical Assistant | $46,520 | $35,810 | -23% in Montgomery |
| Lawyer | $157,180 | $125,290 | -20% in Montgomery |
Frequently asked questions
Is Charlotte or Montgomery cheaper to live in?
Montgomery is about 8% cheaper overall. Rent is $1,304 a month there versus $1,881 in Charlotte.
What salary do I need in Montgomery to match $60,000 in Charlotte?
About $55,275 a year gives the same standard of living in Montgomery.
Where do people earn more, Charlotte or Montgomery?
The typical household earns $88,510 in Charlotte and $61,271 in Montgomery, 44% more in Charlotte.