Cost of Living in Montgomery, GA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.9
100 = national avg
+36.9 vs national average
Living Wage (1 Adult)
$60,225
per year
Living Wage (Family of 4)
$142,349
per year
Cost Index by Category
Housing160.9
Food116.1
Transportation132.2
Healthcare112.9
Utilities121.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,533
per month
2 Bedroom
$1,680
per month
The overall cost of living index in Montgomery is 136.9, which is 36.9% above the national average. Housing costs are above the national average at an index of 160.9. A single adult needs to earn approximately $60,225 per year to cover basic expenses.