Cost of Living in Montgomery, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.5
100 = national avg
-10.5 vs national average
Living Wage (1 Adult)
$39,397
per year
Living Wage (Family of 4)
$93,120
per year
Cost Index by Category
Housing88.1
Food93.2
Transportation86.4
Healthcare94.5
Utilities93.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,195
per month
The overall cost of living index in Montgomery is 89.5, which is 10.5% below the national average. Housing costs are below the national average at an index of 88.1. A single adult needs to earn approximately $39,397 per year to cover basic expenses.