Cost of Living: Montgomery, AL vs Hoover, AL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Montgomery, AL versus $4,224/mo in Hoover, AL. In the model, rent is about 15.43% of gross in Montgomery, AL versus 20.45% in Hoover, AL, so Montgomery, AL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Montgomery, AL and Hoover, AL.
At a glance
- Cheaper overall (lower cost-of-living index): Montgomery, AL
- Lower rent (median 1BR/2BR): Montgomery, AL
- Lower home prices: Montgomery, AL
- Higher median household income: Hoover, AL
Cost of Living Index
Montgomery, AL: 83.2 (U.S. = 100) · Hoover, AL: 100 (U.S. = 100)
Montgomery, AL has a lower cost-of-living index than Hoover, AL, so a given salary generally stretches further there.
Median Rent
Montgomery, AL: $1,006/mo (midpoint of 1BR/2BR) · Hoover, AL: $1,334/mo
Median rent in Hoover, AL is $328/mo higher than in Montgomery, AL.
Median Home Price
Montgomery, AL: $148,500 · Hoover, AL: $391,300
Median home price in Hoover, AL is $242,800 higher than in Montgomery, AL.
Median Household Income
Montgomery, AL: $55,687 · Hoover, AL: $107,822
Hoover, AL has a higher median household income than Montgomery, AL by $52,135.
Montgomery, AL overview · Hoover, AL overview · Popular comparisons