Cost of Living: Montgomery, AL vs Savannah, GA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Montgomery Savannah
Housing Index 89.0 90.0
Median Home Price $250,000 $293,000
Average Rent (2 BR Apartment) $950 $1500
Average Rent (2 BR House) $1000 $1600

Housing Comparison: Montgomery vs Savannah

  • The median home price in Savannah is higher at $293,000, compared to $250,000 in Montgomery.
  • Renting a two-bedroom apartment costs more in Montgomery at $950 than in Savannah at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Montgomery Savannah
Electricity Price $15.03 $15.53
Natural Gas Price $21.76 $27.53
Other Utilities $220 $200

Utilities Comparison: Montgomery vs Savannah

  • Savannah has higher electricity costs at $15.53 per kWh, versus $15.03 in Montgomery.
  • Savannah experiences higher natural gas costs at $27.53 per unit, with costs at $21.76 in Montgomery.
  • Other utility costs are higher in Montgomery at an average of $220, compared to Savannah with $200.