Montgomery is 20% cheaper than Columbia.
When comparing Montgomery, AL and Columbia, SC, the overall cost of living indices are 64 and 80 respectively (national median = 100). Rent is $99/month cheaper in Montgomery, saving renters about $1,188/year.
Median household income is $34/year higher in Montgomery. Home values also differ significantly — the median in Montgomery is $148,500 compared to $243,500 in Columbia.
Alabama has a lower income tax rate, making Montgomery slightly more tax-friendly.
Montgomery vs Columbia — common questions
Other cost of living comparisons for Montgomery and Columbia