Montgomery is 60% cheaper than Richmond.
When comparing Montgomery, AL and Richmond, CA, the overall cost of living indices are 64 and 161 respectively (national median = 100). Rent is $836/month cheaper in Montgomery, saving renters about $10,032/year.
Median household income is $34,351/year higher in Richmond. Home values also differ significantly — the median in Montgomery is $148,500 compared to $650,100 in Richmond.
Alabama has a lower income tax rate, making Montgomery slightly more tax-friendly.
Montgomery vs Richmond — common questions
Other cost of living comparisons for Montgomery and Richmond