City comparison
Montgomery, AL vs Palm Bay, FL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Palm Bay, FL are 11.5% higher than in Montgomery, AL. Someone earning $100,000 in Montgomery, AL would need about $111,500 in Palm Bay, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,478 a month in Palm Bay, FL versus $870 in Montgomery, AL. On $100,000, that's 22% of take-home pay in Palm Bay, FL and 14% in Montgomery, AL.
- On $100,000, estimated state income tax is about $4,735 a year higher in Montgomery, AL than in Palm Bay, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by +0.7% moving from Montgomery, AL to Palm Bay, FL ($106,437 → $107,228), while prices change by +11.5%. Net effect of the transfer: −9.7% in real buying power.
- Montgomery, AL: price level 89.7 (much cheaper)
- Palm Bay, FL: price level 100.0 (about average)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Montgomery, AL | Palm Bay, FL | |
|---|---|---|
| Price level (U.S. = 100)2 | 89.7 | 100.0 |
| $100,000 is worth, in the other city2 | $111,511 in Palm Bay | $89,678 in Montgomery |
| Typical 1-bedroom rent3 | $870/mo | $1,478/mo |
| Take-home on $100,00014,15,8 | $74,445 | $79,180 |
| State income tax on $100,000 (estimate)8 | $4,735 (AL) | $0 (FL) |
| Rent burden on $100,000 | 14% | 22% |
| Median pay, all jobs4 | $44,950 | $49,030 |
| Federal locality pay area7 | Rest of U.S. | Palm Bay-Melbourne-Titusville, FL |
Rent areas: Montgomery, AL MSA and Palm Bay-Melbourne-Titusville, FL MSA. Metro areas: Montgomery, AL and Palm Bay-Melbourne-Titusville, FL.
What costs more or less
| Price level (U.S. = 100) | Montgomery | Palm Bay |
|---|---|---|
| Housing (rent) | 64.3 | 111.7 |
| Goods | 96.4 | 96.2 |
| Utilities | 84.9 | 88.1 |
| Other services | 96.7 | 98.9 |
| Overall | 89.7 | 100.0 |
Moving with the same $100,000 salary
Montgomery, AL → Palm Bay, FL
Same pay buys less
Buying power −10.3%; rent takes 22% of take-home; state tax −$4,735/yr.
38 Weak offer
Palm Bay, FL → Montgomery, AL
Same pay goes further
Buying power +11.5%; rent takes 14% of take-home; state tax +$4,735/yr.
100 Strong offer
On the GS pay scale?
Montgomery, AL is in the Rest of U.S. pay area; Palm Bay, FL is in Palm Bay-Melbourne-Titusville, FL. The last column shows what a transfer from Montgomery, AL to Palm Bay, FL at the same grade and step does to real buying power.
| Grade5,2 | Montgomery, AL | Palm Bay, FL | Real change, Montgomery → Palm Bay |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $62,181 | −9.7% |
| GS-11 step 1 | $74,678 | $75,233 | −9.7% |
| GS-12 step 1 | $89,508 | $90,173 | −9.7% |
| GS-13 step 1 | $106,437 | $107,228 | −9.7% |
| GS-14 step 1 | $125,776 | $126,711 | −9.7% |
Pay for common jobs
| Median annual pay4 | Montgomery, AL | Palm Bay, FL | Palm Bay pay in Montgomery dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $59,610 | $62,510 | $56,057 (−6.0%) |
| Software Developers | $110,620 | $131,760 | $118,159 (+6.8%) |
| Accountants and Auditors | $75,040 | $75,860 | $68,029 (−9.3%) |
| Registered Nurses | $79,570 | $80,900 | $72,549 (−8.8%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.