Cost of Living in Montgomery, OH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

201.9

100 = national avg

+101.9 vs national average

Living Wage (1 Adult)

$88,823

per year

Living Wage (Family of 4)

$209,945

per year

Cost Index by Category

Housing
222.7
Food
163.5
Transportation
226.9
Healthcare
150.8
Utilities
162.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,051

per month

2 Bedroom

$1,353

per month

The overall cost of living index in Montgomery is 201.9, which is 101.9% above the national average. Housing costs are above the national average at an index of 222.7. A single adult needs to earn approximately $88,823 per year to cover basic expenses.