Lexington, KY vs Montgomery, AL: 82 vs 64

$1,101/mo ↑ 4%

Median Rent

$1,059/mo ↓ 4%

$67,631/yr ↑ 21%

Median Income

$55,687/yr ↓ 18%

$272,100 ↑ 83%

Home Value

$148,500 ↓ 45%

$1,160/mo ↑ 13%

Owner Costs

$1,023/mo ↓ 12%

321,122

Population

198,440

Detailed Comparison

When comparing Lexington, KY and Montgomery, AL, the overall cost of living indices are 82 and 64 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $11,944/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $148,500 in Montgomery.

Kentucky has a lower income tax rate, making Lexington slightly more tax-friendly.

Frequently Asked Questions

Lexington vs Montgomery — common questions

Is Lexington or Montgomery cheaper to live in?

Based on our cost index, Montgomery is cheaper to live in with an index of 64 compared to 82 (US average = 100).

What is the rent difference between Lexington and Montgomery?

Median rent in Lexington is $1,101/month and in Montgomery it's $1,059/month — a difference of $42/month.

Which city has higher income, Lexington or Montgomery?

Median household income is $67,631 in Lexington and $55,687 in Montgomery. Median household income is $11,944/year higher in Lexington.

How do taxes compare between Kentucky and Alabama?

Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax.

Should I move to Lexington or Montgomery?

It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Montgomery has a cost index of 64 with rent of $1,059/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Lexington, KY vs Montgomery, AL (2026)

Lexington

Montgomery

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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