CostIndexUSA

Aurora, CO vs Montgomery, AL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Aurora
105.8
overall index
$1,850/mo rent
More AffordableAL
Montgomery
89.7
overall index
$1,375/mo rent

Montgomery is significantly cheaper than Aurora — 15.2% lower overall cost of living.

To match an $80,000 salary in Aurora, you would need $67,800 in Montgomery. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing56.2%
Aurora
146.9
Montgomery
64.3
🛒 Groceries4.6%
Aurora
101
Montgomery
96.4
🚗 Transportation2.8%
Aurora
104.4
Montgomery
101.5
🏥 Healthcare2.8%
Aurora
94.5
Montgomery
91.9
Utilities3.4%
Aurora
87.9
Montgomery
84.9

Salary Equivalency Calculator

Enter your current salary in Aurora to see what you'd need to earn in Montgomery to maintain the same purchasing power.

$
Equivalent salary in Montgomery, AL
$67,800
$12,200 less needed in Montgomery

Formula: salary × (89.7 ÷ 105.8) = salary × 0.8478. Based on BEA Regional Price Parities.

Housing Market

Aurora, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Montgomery, AL

Median Home Price
$205,000
Median Monthly Rent
$1,375
Housing Index
64.3
Price-to-Rent Ratio
12.4×

Aurora has 56.2% lower housing costs compared to Montgomery.

Income & Job Market

Aurora, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
366,623
Top Industries
HealthcareAerospaceTechnologyGovernmentRetail

Montgomery, AL

Median Household Income
$62,400
Per Capita Income
$35,600
Unemployment Rate
4%
Population
199,518
Top Industries
GovernmentMilitaryHealthcareManufacturingEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Aurora, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Montgomery, AL
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.