Montgomery is 21% 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
$2,538
$1,304
🛏️ 2-bedroom rent
$1,983
$1,085
💵 Families earn per year
$67,365
$61,271
🔑 Buying a house
$518,100
$161,900
📊 Overall prices (U.S. = 100)
114.2
89.7
🏛️ Property tax per year
$4,586
$643
⚡ Electric bill per month
$133
$185
👥 People living there
459,745
197,494
Commute to work
27.3 min
20.7 min
College degree
37.4%
33.8%
Own their home
30.8%
54.4%
Below poverty line
19.4%
21.5%
Unemployment
5.2%
6.4%
Bottom line
- Pick Miami 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 | Miami | Montgomery | Difference |
|---|---|---|---|
| Police Officer | $79,840 | $48,490 | -39% in Montgomery |
| Firefighter | $75,710 | $48,780 | -36% in Montgomery |
| Dental Hygienist | $82,780 | $60,120 | -27% in Montgomery |
| Server (Waiter/Waitress) | $36,070 | $26,360 | -27% in Montgomery |
| Physician Assistant | $132,360 | $102,040 | -23% in Montgomery |
| Market Research Analyst | $78,990 | $61,240 | -22% in Montgomery |
| Lawyer | $160,320 | $125,290 | -22% in Montgomery |
| Medical Assistant | $44,930 | $35,810 | -20% in Montgomery |
Frequently asked questions
Is Miami or Montgomery cheaper to live in?
Montgomery is about 21% cheaper overall. Rent is $1,304 a month there versus $2,538 in Miami.
What salary do I need in Montgomery to match $60,000 in Miami?
About $47,137 a year gives the same standard of living in Montgomery.
Where do people earn more, Miami or Montgomery?
The typical household earns $67,365 in Miami and $61,271 in Montgomery, 10% more in Miami.