Miami, FL vs Montgomery, AL: 129 vs 64

$1,657/mo ↑ 56%

Median Rent

$1,059/mo ↓ 36%

$59,390/yr ↑ 7%

Median Income

$55,687/yr ↓ 6%

$475,200 ↑ 220%

Home Value

$148,500 ↓ 69%

$1,666/mo ↑ 63%

Owner Costs

$1,023/mo ↓ 39%

446,663

Population

198,440

Detailed Comparison

When comparing Miami, FL and Montgomery, AL, the overall cost of living indices are 129 and 64 respectively (national median = 100). Rent is $598/month cheaper in Montgomery, saving renters about $7,176/year.

Median household income is $3,703/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $148,500 in Montgomery.

Florida has no state income tax, giving Miami residents a significant tax advantage over Alabama's 5.0% rate.

Frequently Asked Questions

Miami vs Montgomery — common questions

Is Miami or Montgomery cheaper to live in?

Based on our cost index, Montgomery is cheaper to live in with an index of 64 compared to 129 (US average = 100).

What is the rent difference between Miami and Montgomery?

Median rent in Miami is $1,657/month and in Montgomery it's $1,059/month — a difference of $598/month.

Which city has higher income, Miami or Montgomery?

Median household income is $59,390 in Miami and $55,687 in Montgomery. Median household income is $3,703/year higher in Miami.

How do taxes compare between Florida and Alabama?

Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax.

Should I move to Miami or Montgomery?

It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/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: Miami, FL vs Montgomery, AL (2026)

Miami

Montgomery

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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