Question 1

What is the cost of living in Montgomery, AL?

Accepted Answer

Montgomery, AL's overall price level (BEA Regional Price Parity) is 89.68, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 10.3% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,016/month.

Question 2

What is the average salary in Montgomery, AL?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Montgomery, AL, the average median wage is $94,456. The single highest-paying occupation here is Physicians, All Other at $285,260/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Montgomery?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Montgomery, AL are: 1) Physicians, All Other at $285,260; 2) Architectural and Engineering Managers at $156,490; 3) Chief Executives at $155,700; 4) Pharmacists at $136,620; 5) Computer and Information Systems Managers at $134,810. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Montgomery?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Montgomery, AL is $1,016/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Montgomery data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
81	Business Teachers, Postsecondary	Education	$75K	N/A
82	Cost Estimators	Business & Finance	$75K	$35.96/hr
83	Nursing Instructors and Teachers, Postsecondary	Education	$75K	N/A
84	First-Line Supervisors of Police and Detectives	Public Safety	$74K	$35.79/hr
85	Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products	Sales	$74K	$35.75/hr
86	Health Education Specialists	Community & Social	$72K	$34.51/hr
87	Claims Adjusters, Examiners, and Investigators	Business & Finance	$72K	$34.48/hr
88	Surveyors	Engineering	$71K	$34.24/hr
89	Electrical and Electronic Engineering Technologists and Technicians	Engineering	$71K	$34.1/hr
90	Social and Community Service Managers	Management	$71K	$34.09/hr

Top Paying Jobs in Montgomery, AL

Highest paying careers in Montgomery

Affordability snapshot: Montgomery