Montgomery vs Norfolk
Cost of Living Comparison · 2026
Montgomery
Norfolk
The Verdict
Montgomery is 20.2% less expensive than Norfolk overall. A household earning $75,000 in Montgomery would need approximately $93,987 in Norfolk to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Montgomery has the same purchasing power as $93,987 in Norfolk.
Conversely, $75,000 in Norfolk equals $59,848 in Montgomery.
Living in Montgomery vs Norfolk
Housing Costs
Montgomery's housing index of 49 is lower Norfolk's 95, translating to median home prices of $162,000 vs $250,000. The $88,000 difference in home prices means roughly $5,724 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Montgomery compared to $1,300/mo in Norfolk, a monthly difference of $300.
Grocery & Food Costs
Grocery expenses index at 99 in Montgomery and 99 in Norfolk. A household spending the national average of $475/month on groceries would pay approximately $470/month in Montgomery vs $470/month in Norfolk. 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 115 in Montgomery and 97 in Norfolk. Monthly utility bills average approximately $460 in Montgomery vs $388 in Norfolk. 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 78 in Montgomery and 99 in Norfolk. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 21-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $56,800 in Montgomery and $51,938 in Norfolk. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $71,899 and $52,463 respectively. Montgomery residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,325/month to housing in Montgomery vs $1,212/month in Norfolk. In Montgomery, median rent of $1,000/mo fits within this budget. In Norfolk, median rent of $1,300/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 46 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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