Montgomery is 14% 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
$1,649
$1,304
🛏️ 2-bedroom rent
$1,805
$1,085
💵 Families earn per year
$87,192
$61,271
🔑 Buying a house
$362,200
$161,900
📊 Overall prices (U.S. = 100)
104.8
89.7
🏛️ Property tax per year
$4,339
$643
⚡ Electric bill per month
$91
$185
👥 People living there
427,246
197,494
Commute to work
22 min
20.7 min
College degree
55.5%
33.8%
Own their home
47.7%
54.4%
Below poverty line
16%
21.5%
Unemployment
5.9%
6.4%
Bottom line
- Pick Minneapolis 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 | Minneapolis | Montgomery | Difference |
|---|---|---|---|
| Police Officer | $97,190 | $48,490 | -50% in Montgomery |
| Dental Hygienist | $112,630 | $60,120 | -47% in Montgomery |
| Plumber | $101,630 | $57,960 | -43% in Montgomery |
| Electrician | $81,890 | $49,910 | -39% in Montgomery |
| Market Research Analyst | $97,910 | $61,240 | -37% in Montgomery |
| HVAC Technician | $77,490 | $48,680 | -37% in Montgomery |
| Carpenter | $74,060 | $47,360 | -36% in Montgomery |
| Medical Assistant | $52,570 | $35,810 | -32% in Montgomery |
Frequently asked questions
Is Minneapolis or Montgomery cheaper to live in?
Montgomery is about 14% cheaper overall. Rent is $1,304 a month there versus $1,649 in Minneapolis.
What salary do I need in Montgomery to match $60,000 in Minneapolis?
About $51,334 a year gives the same standard of living in Montgomery.
Where do people earn more, Minneapolis or Montgomery?
The typical household earns $87,192 in Minneapolis and $61,271 in Montgomery, 42% more in Minneapolis.
More comparisons
All Minneapolis comparisons → · All Montgomery comparisons →