City Comparison

Boulder vs Montgomery

Cost of Living Comparison · 2026

Boulder

Colorado
148
Expensive
$750,000
Median Home
$2,300/mo
Median Rent
$73,123
Median Income

Montgomery

Alabama
79
Very Affordable
$162,000
Median Home
$1,000/mo
Median Rent
$56,800
Median Income

The Verdict

87.3%

The cost gap between these cities is 87.3%, with Montgomery being the more affordable option. A $75,000 income in Boulder has equivalent purchasing power to $40,034 in Montgomery.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
230
Boulder
49
Montgomery
Groceries
107
Boulder
99
Montgomery
Utilities
94
Boulder
115
Montgomery
Transportation
103
Boulder
92
Montgomery
Healthcare
104
Boulder
78
Montgomery

Salary Equivalence

A $75,000 salary in Boulder has the same purchasing power as $40,034 in Montgomery.

Conversely, $75,000 in Montgomery equals $140,506 in Boulder.

Living in Boulder vs Montgomery

Housing Costs

Boulder's housing index of 230 is higher Montgomery's 49, translating to median home prices of $750,000 vs $162,000. The $588,000 difference in home prices means roughly $38,220 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,300/mo in Boulder compared to $1,000/mo in Montgomery, a monthly difference of $1,300.

Grocery & Food Costs

Grocery expenses index at 107 in Boulder and 99 in Montgomery. A household spending the national average of $475/month on groceries would pay approximately $508/month in Boulder vs $470/month in Montgomery. Montgomery offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Boulder and 115 in Montgomery. Monthly utility bills average approximately $376 in Boulder vs $460 in Montgomery. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 104 in Boulder and 78 in Montgomery. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 26-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $73,123 in Boulder and $56,800 in Montgomery. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,407 and $71,899 respectively. Montgomery residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,706/month to housing in Boulder vs $1,325/month in Montgomery. In Boulder, median rent of $2,300/mo exceeds this threshold, suggesting renters may feel stretched. In Montgomery, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 181 index points — focus your budget analysis there.

Frequently Asked Questions

Montgomery is 87.3% more affordable overall with an index of 79 vs 148.
A $75,000 salary in Boulder has equivalent purchasing power to approximately $40,034 in Montgomery, based on the cost of living difference.
Boulder's housing index is 230 with median homes at $750,000, while Montgomery's is 49 with median homes at $162,000.

Moving & Relocation Resources

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