Montgomery, AL vs Elgin, IL: 64 vs 90

$1,059/mo ↓ 16%

Median Rent

$1,260/mo ↑ 19%

$55,687/yr ↓ 37%

Median Income

$88,316/yr ↑ 59%

$148,500 ↓ 41%

Home Value

$252,400 ↑ 70%

$1,023/mo ↓ 32%

Owner Costs

$1,502/mo ↑ 47%

198,440

Population

114,106

Detailed Comparison

When comparing Montgomery, AL and Elgin, IL, the overall cost of living indices are 64 and 90 respectively (national median = 100). Rent is $201/month cheaper in Montgomery, saving renters about $2,412/year.

Median household income is $32,629/year higher in Elgin. Home values also differ significantly — the median in Montgomery is $148,500 compared to $252,400 in Elgin.

Illinois has a lower income tax rate, making Elgin slightly more tax-friendly.

Frequently Asked Questions

Montgomery vs Elgin — common questions

Is Montgomery or Elgin cheaper to live in?

Based on our cost index, Montgomery is cheaper to live in with an index of 64 compared to 90 (US average = 100).

What is the rent difference between Montgomery and Elgin?

Median rent in Montgomery is $1,059/month and in Elgin it's $1,260/month — a difference of $201/month.

Which city has higher income, Montgomery or Elgin?

Median household income is $55,687 in Montgomery and $88,316 in Elgin. Median household income is $32,629/year higher in Elgin.

How do taxes compare between Alabama and Illinois?

Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.

Should I move to Montgomery or Elgin?

It depends on your priorities. Montgomery has a cost index of 64 with median rent of $1,059/mo, while Elgin has a cost index of 90 with rent of $1,260/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Montgomery, AL vs Elgin, IL (2026)

Montgomery

Elgin

Tax Comparison

Affordability

Detailed Comparison

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