Cost of Living: Yonkers, NY vs Montgomery, AL (2026)

Yonkers

New York
133
VS

Montgomery

Alabama
64

Yonkers is 108% more expensive than Montgomery.

$1,730/mo ↑ 63%
Median Rent
$1,059/mo ↓ 39%
$81,816/yr ↑ 47%
Median Income
$55,687/yr ↓ 32%
$478,000 ↑ 222%
Home Value
$148,500 ↓ 69%
$1,759/mo ↑ 72%
Owner Costs
$1,023/mo ↓ 42%
209,529
Population
198,440

Tax Comparison

10.9%
Income Tax
5.0%
4.0%
State Sales Tax
4.0%
1.62%
Property Tax
0.41%

Affordability

25.4%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Yonkers, NY and Montgomery, AL, the overall cost of living indices are 133 and 64 respectively (national median = 100). Rent is $671/month cheaper in Montgomery, saving renters about $8,052/year.

Median household income is $26,129/year higher in Yonkers. Home values also differ significantly — the median in Yonkers is $478,000 compared to $148,500 in Montgomery.

Alabama has a lower income tax rate, making Montgomery slightly more tax-friendly.

Frequently Asked Questions

Yonkers vs Montgomery — common questions

Is Yonkers or Montgomery cheaper to live in?
Based on our cost index, Montgomery is cheaper to live in with an index of 64 compared to 133 (US average = 100).
What is the rent difference between Yonkers and Montgomery?
Median rent in Yonkers is $1,730/month and in Montgomery it's $1,059/month — a difference of $671/month.
Which city has higher income, Yonkers or Montgomery?
Median household income is $81,816 in Yonkers and $55,687 in Montgomery. Median household income is $26,129/year higher in Yonkers.
How do taxes compare between New York and Alabama?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax.
Should I move to Yonkers or Montgomery?
It depends on your priorities. Yonkers has a cost index of 133 with median rent of $1,730/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.
View Yonkers details → View Montgomery details →

More Comparisons

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