Cost of Living: Montgomery, AL vs Hollywood, FL (2026)

Montgomery

Alabama
64
VS

Hollywood

Florida
113

Montgomery is 43% cheaper than Hollywood.

$1,059/mo ↓ 32%
Median Rent
$1,555/mo ↑ 47%
$55,687/yr ↓ 15%
Median Income
$65,359/yr ↑ 17%
$148,500 ↓ 60%
Home Value
$374,200 ↑ 152%
$1,023/mo ↓ 35%
Owner Costs
$1,568/mo ↑ 53%
198,440
Population
152,935

Tax Comparison

5.0%
Income Tax
0%
4.0%
State Sales Tax
6.0%
0.41%
Property Tax
0.86%

Affordability

22.8%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Montgomery, AL and Hollywood, FL, the overall cost of living indices are 64 and 113 respectively (national median = 100). Rent is $496/month cheaper in Montgomery, saving renters about $5,952/year.

Median household income is $9,672/year higher in Hollywood. Home values also differ significantly — the median in Montgomery is $148,500 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Montgomery vs Hollywood — common questions

Is Montgomery or Hollywood cheaper to live in?
Based on our cost index, Montgomery is cheaper to live in with an index of 64 compared to 113 (US average = 100).
What is the rent difference between Montgomery and Hollywood?
Median rent in Montgomery is $1,059/month and in Hollywood it's $1,555/month — a difference of $496/month.
Which city has higher income, Montgomery or Hollywood?
Median household income is $55,687 in Montgomery and $65,359 in Hollywood. Median household income is $9,672/year higher in Hollywood.
How do taxes compare between Alabama and Florida?
Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Montgomery or Hollywood?
It depends on your priorities. Montgomery has a cost index of 64 with median rent of $1,059/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Montgomery details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Montgomery and Hollywood

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