Montgomery cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMontgomeryLouisianaNational
Cost of living index8291100
IndexMontgomeryLouisianaNational
Goods & Services index11297100
Groceries index10097100
Health care index10895100
Housing index3182100
Transportation index10194100
Utilities index8488100

Did you know?

  • The cost of living in Montgomery is 10% lower than the Louisiana average.
  • The cost of living in Montgomery is 18% lower than the national average.
  • The cost of housing in Montgomery is 69% lower than the national average.
  • Louisiana general sales tax is 21% lower than the national average.
  • Louisiana state income tax is 10% lower than the national average.

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Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$34,821$2,902$812$1,045
Renters$13,438$1,120$314$403

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana4%11%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%

Goods & Services

ItemMontgomeryNational avg.Difference
Haircut $11.00$14.5924.6%
Beauty Salon $30.00$34.6813.5%
Toothpaste $2.84$2.4714.8%
Shampoo $1.01$1.021.2%
Movie $9.25$9.876.3%
Bowling $4.00$4.398.9%

Groceries

ItemMontgomeryNational avg.Difference
Ground Beef $4.34$4.483.1%
Fried Chicken $1.44$1.461.6%
Milk $2.57$2.369.1%
Potatoes $3.83$3.0625.1%
Pizza $15.49$9.2467.6%
Beer $10.45$8.6321.0%

Health Care

ItemMontgomeryNational avg.Difference
Optometrist $86.50$99.7813.3%
Doctor $112.50$105.037.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.86$9.414.8%
Lipitor $343.31$298.5015.0%

Housing

ItemMontgomeryNational avg.Difference
Home Price $45,400.00$175,700.0074.2%
Avg. Mortgage Payment $939.67$1,081.0313.1%
Apartment Rent $400.00$920.0056.5%

Transportation

ItemMontgomeryNational avg.Difference
Gasoline $2.07$2.091.2%
Tire Balancing $48.00$45.296.0%

Utilities

ItemMontgomeryNational avg.Difference
All Electricity$171.56$170.800.4%
Phone $17.22$28.2639.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
St. Maurice, LA49676-24%
Natchez, LA35882-18%
Atlanta, LA11882-18%
Clarence, LA38184-16%
Colfax, LA1,68485-15%
Montgomery, LA64182-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wabasso, MN64183-17%
Seven Mile Ford, VA64188-12%
Corning, OH64177-23%
Nittany, PA64195-5%
Bend, CA64112626%
Montgomery, LA64182-18%
Source: The Montgomery, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.