Cost of Living in Montgomery, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.6
100 = national avg
+36.6 vs national average
Living Wage (1 Adult)
$60,085
per year
Living Wage (Family of 4)
$142,019
per year
Cost Index by Category
Housing175.1
Food109.9
Transportation119.7
Healthcare107.9
Utilities120.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,323
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Montgomery is 136.6, which is 36.6% above the national average. Housing costs are above the national average at an index of 175.1. A single adult needs to earn approximately $60,085 per year to cover basic expenses.