City Comparison

Fort Myers vs Montgomery

Cost of Living Comparison · 2026

Fort Myers

Florida
104
Average
$340,000
Median Home
$1,575/mo
Median Rent
$52,200
Median Income

Montgomery

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

The Verdict

31.6%

Living in Montgomery costs 31.6% less than Fort Myers. To match the purchasing power of a $75,000 salary in Fort Myers, you would need $56,971 in Montgomery.

Category-by-Category Breakdown

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

Housing
112
Fort Myers
49
Montgomery
Groceries
104
Fort Myers
99
Montgomery
Utilities
101
Fort Myers
115
Montgomery
Transportation
103
Fort Myers
92
Montgomery
Healthcare
108
Fort Myers
78
Montgomery

Salary Equivalence

A $75,000 salary in Fort Myers has the same purchasing power as $56,971 in Montgomery.

Conversely, $75,000 in Montgomery equals $98,734 in Fort Myers.

Living in Fort Myers vs Montgomery

Housing Costs

Fort Myers's housing index of 112 is higher Montgomery's 49, translating to median home prices of $340,000 vs $162,000. The $178,000 difference in home prices means roughly $11,568 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,575/mo in Fort Myers compared to $1,000/mo in Montgomery, a monthly difference of $575.

Grocery & Food Costs

Grocery expenses index at 104 in Fort Myers and 99 in Montgomery. A household spending the national average of $475/month on groceries would pay approximately $494/month in Fort Myers vs $470/month in Montgomery. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 101 in Fort Myers and 115 in Montgomery. Monthly utility bills average approximately $404 in Fort Myers 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 108 in Fort Myers and 78 in Montgomery. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 30-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $52,200 in Fort Myers and $56,800 in Montgomery. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,192 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 $1,218/month to housing in Fort Myers vs $1,325/month in Montgomery. In Fort Myers, median rent of $1,575/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 63 index points — focus your budget analysis there.

Frequently Asked Questions

Montgomery is 31.6% more affordable overall with an index of 79 vs 104.
A $75,000 salary in Fort Myers has equivalent purchasing power to approximately $56,971 in Montgomery, based on the cost of living difference.
Fort Myers's housing index is 112 with median homes at $340,000, while Montgomery's is 49 with median homes at $162,000.

Moving & Relocation Resources

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