What salary do you need to live in Montgomery, AL?

What housing costs in Montgomery

Census figures put the median gross rent in the Montgomery, AL metro at $905 for a one-bedroom, $1,029 for a two-bedroom and $1,194 for a three-bedroom. Moving from one to two bedrooms adds $124 a month, and the third bedroom another $165.

On the ownership side, the typical owner-occupied home is valued at $191,900. Against a median household income of $64,010, the ratio is 3.0× — one of the gentler home-price-to-income ratios in the country.

The Regional Price Parity, BEA's index of local prices with the US at 100, is 89.7 here. Below 100 means a paycheck stretches further: $100,000 in Montgomery has the buying power of roughly $111,505 at national average prices.

Montgomery: the pre-tax income for each grade

The salary lines for a two-bedroom household land at $24,000 for Tight, $49,000 for Okay and $99,000 for Comfortable. The gap between the Okay and Comfortable lines alone is $50,000, which says how much extra income it takes to make housing feel roomy here rather than merely workable.

Royal, the top band, starts at $288,000. At that income rent is 4% of pay and the median home 0.7× income.

Each figure is the lowest income, to the next $1,000, at which the calculator itself would show that grade for a two-bedroom in Montgomery.

Four salaries, three home sizes in Montgomery

At $75,000 home size barely changes the picture: one, two and three bedrooms all grade Okay, with scores from 55 to 59.

Read down the two-bedroom column and the first Comfortable row is $100,000, consistent with the $99,000 line above.

How Montgomery ranks among 387 metros

Ranked against all 387 metros, Montgomery sits 294th on overall price level and 266th on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 319th.

El Paso, TX ($1,029) and Twin Falls, ID ($1,026) bracket Montgomery on two-bedroom rent.

Montgomery vs. the rest of Alabama

Statewide, Alabama's median two-bedroom rent is $960 and its median home value $209,900. Montgomery's rent is +7% against that, and its home value −9%; the price parity is 89.7 versus 88.8 for the state.

On statewide medians, a two-bedroom budget reaches Comfortable at $97,000 — below Montgomery's $99,000 line.

If Montgomery is on your list, Auburn-Opelika, AL, Mobile, AL, and Tuscaloosa, AL are the most similar Alabama metros by two-bedroom rent and price level; the table shows where each turns Comfortable.

Where the typical Montgomery household lands

A household at the Montgomery median income of $64,010 would see a two-bedroom score of 53 — Okay — with rent at 19% of income. That falls $34,990 short of the $99,000 Comfortable line, a reminder that the typical household here spends a larger share on housing than the Comfortable band allows. Statewide, the Alabama median household ($63,999) grades Okay on the state's own medians. Keep in mind a household median often combines two incomes.

Treat every number here as a pre-tax, public-data estimate rather than financial advice.