New York, NY vs Montgomery, AL
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York is materially more expensive on housing — $752,000 for a typical home compared with $149,000 in Montgomery, a gap of roughly 80%. State income-tax burden also tilts toward Montgomery — a top rate of 5.0% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$148,500 ✓
Zillow Home Value
$812,534
$147,533
Median Gross Rent
$1,779/mo
$1,059/mo ✓
Owner Occupied %
32.8%
54.3%
Price-to-Rent Ratio
35.2x
11.7x
Median Household Income
$79,713 ✓
$55,687
Per Capita Income
$50,776
$32,068
Unemployment Rate
7.7%
6.5% ✓
Poverty Rate
17.4%
20.9%
Avg Commute (min)
44.8 min
22.1 min
Drove Alone %
21.9%
80.2%
Public Transit %
45.5%
0.4%
Work From Home %
15.0%
7.2%
State Income Tax
10.9%
5.0%
Total Sales Tax
8.5% ✓
9.2%
Property Tax Rate
1.7%
0.4%
Bachelor's Degree %
23.6%
19.4%
Median Age
38
36.2
Avg High Temp
62.6°F
—
Annual Precipitation
49.5"
54.6"
Annual Snowfall
29.8"
—
New York, NY 2 wins
- ✓Total Sales Tax
- ✓Median Household Income
Montgomery, AL 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Unemployment Rate
Thinking about moving? See what salary you'd need in each city.
Open Cost of Living Calculator →