Salary Needed to Live in Montgomery as a Single
A single adult living independently needs approximately $16,098/year to live comfortably in Montgomery, AL — including 10% savings.
Comfortable Salary
$16,098
with 10% savings
Bare Minimum
$13,952
no savings buffer
Monthly Expenses
$872
20% below national avg
Detailed Monthly Budget for a Single in Montgomery
| Expense | Montgomery | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $84 | $113 | -26% |
| 🛒 Groceries | $19 | $17 | +12% |
| ⚡ Utilities | $10 | $14 | -29% |
| 🚗 Transportation | $21 | $26 | -19% |
| 🛡️ Car Insurance | $143 | $223 | -36% |
| 🏥 Health Insurance | $53 | $56 | -5% |
| Internet | $55 | $65 | -15% |
| Phone | $71 | $85 | -16% |
| Dining & Social | $252 | $300 | -16% |
| Entertainment | $101 | $120 | -16% |
| Personal Care | $63 | $75 | -16% |
| Total Monthly | $872 | $1,094 | -20% |
How We Calculated the Salary
Monthly expenses:$872
Target savings (10%):$112/mo
Monthly after-tax needed:$984
Effective tax rate:25%
Gross annual salary needed:$16,098
Other Household Types in Montgomery
Related Pages
FAQ
What salary does a single person need in Montgomery?
A single person needs approximately $16,098/year ($1,342/month gross) to live comfortably in Montgomery with a 10% savings rate.
How much is rent for a single person in Montgomery?
A studio/1br in Montgomery costs approximately $84/month, which is the largest single expense at 10% of the total budget.
Is Montgomery affordable for a single person?
Yes, Montgomery is 20% more affordable than the national average for a single person.