salaryMontgomery is 3% 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
$1,399
$1,304
🛏️ 2-bedroom rent
$1,194
$1,085
💵 Families earn per year
$55,797
$61,271
🔑 Buying a house
$169,000
$161,900
📊 Overall prices (U.S. = 100)
92.2
89.7
🏛️ Property tax per year
$1,845
$643
⚡ Electric bill per month
$223
$185
👥 People living there
618,980
197,494
Commute to work
21.1 min
20.7 min
College degree
28%
33.8%
Own their home
44.9%
54.4%
Below poverty line
23.1%
21.5%
Unemployment
8.3%
6.4%
Bottom line
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Memphis | Montgomery | Difference |
|---|---|---|---|
| Police Officer | $75,410 | $48,490 | -36% in Montgomery |
| Dental Hygienist | $78,580 | $60,120 | -23% in Montgomery |
| Firefighter | $62,910 | $48,780 | -22% in Montgomery |
| Electrician | $60,890 | $49,910 | -18% in Montgomery |
| Physician Assistant | $121,900 | $102,040 | -16% in Montgomery |
| Customer Service Representative | $44,090 | $36,960 | -16% in Montgomery |
| Nurse Practitioner | $124,600 | $105,050 | -16% in Montgomery |
| Market Research Analyst | $71,600 | $61,240 | -14% in Montgomery |
Frequently asked questions
Is Memphis or Montgomery cheaper to live in?
Montgomery is about 3% cheaper overall. Rent is $1,304 a month there versus $1,399 in Memphis.
What salary do I need in Montgomery to match $60,000 in Memphis?
About $58,375 a year gives the same standard of living in Montgomery.
Where do people earn more, Memphis or Montgomery?
The typical household earns $55,797 in Memphis and $61,271 in Montgomery, 9% more in Montgomery.