salaryMontgomery 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
$1,723
$1,304
🛏️ 2-bedroom rent
$1,628
$1,085
💵 Families earn per year
$84,177
$61,271
🔑 Buying a house
$372,900
$161,900
📊 Overall prices (U.S. = 100)
97.3
89.7
🏛️ Property tax per year
$6,541
$643
⚡ Electric bill per month
$120
$185
👥 People living there
278,001
197,494
Commute to work
19.4 min
20.7 min
College degree
59.9%
33.8%
Own their home
46%
54.4%
Below poverty line
16.4%
21.5%
Unemployment
2.7%
6.4%
Bottom line
- Pick Madison 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 | Madison | Montgomery | Difference |
|---|---|---|---|
| Dental Hygienist | $100,340 | $60,120 | -40% in Montgomery |
| Police Officer | $80,580 | $48,490 | -40% in Montgomery |
| Electrician | $78,430 | $49,910 | -36% in Montgomery |
| Plumber | $85,160 | $57,960 | -32% in Montgomery |
| Medical Assistant | $48,750 | $35,810 | -27% in Montgomery |
| Carpenter | $63,480 | $47,360 | -25% in Montgomery |
| Physician Assistant | $133,950 | $102,040 | -24% in Montgomery |
| HVAC Technician | $63,150 | $48,680 | -23% in Montgomery |
Frequently asked questions
Is Madison or Montgomery cheaper to live in?
Montgomery is about 8% cheaper overall. Rent is $1,304 a month there versus $1,723 in Madison.
What salary do I need in Montgomery to match $60,000 in Madison?
About $55,310 a year gives the same standard of living in Montgomery.
Where do people earn more, Madison or Montgomery?
The typical household earns $84,177 in Madison and $61,271 in Montgomery, 37% more in Madison.