Cost of Living in Montgomery, GA
Population 4,704 · Georgia · Data vintage 2023
(100 = US avg)
Montgomery sits on the smaller end of the Georgia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 0.9% — below most comparable cities in the state.
Montgomery sits roughly 8 miles southeast of Savannah — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 75% higher than Savannah's $225,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Montgomery
The median home value in Montgomery is $393,700 — 29% above the national median of $305,000. Median rent runs $1,249/month, 5% lower than the national median of $1,314/month. The median household income of $86,500/year is 16% higher than the US median of $74,580. The local unemployment rate is 0.9%, below the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. Overall, Montgomery has a cost of living index of 115 versus the US average of 100, meaning it is 15% more expensive.
Montgomery has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Montgomery, GA?
Montgomery has a cost index of 115 (100 = national average). It is 15% above the national average.
What is average rent in Montgomery, GA?
The median gross rent in Montgomery is $1,249 per month based on 2023 Census data.
What is the average home price in Montgomery?
The median home value in Montgomery is $393,700 according to Zillow and Census data.
What is the median income in Montgomery?
The median household income in Montgomery is $86,500 per year (2023 ACS 5-year estimates).
What is the sales tax in Montgomery, GA?
The combined state and local sales tax rate in Montgomery is 7.3%. The Georgia state income tax top rate is 5.5%.
Is Montgomery, GA affordable?
Montgomery is above average in cost of living, with an index of 115 — about 15% higher than the national average.
Montgomery at a Glance
- Population
- 4,704
- Median Income
- $86,500
- Home Value
- $393,700
- Median Rent
- $1,249/mo
- Unemployment
- 0.9%
- Sales Tax
- 7.3%
Nearby Cities
Explore county-level cost of living data
Georgia Rankings
Similar Cost Cities
Cities in other states with comparable housing costs