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Montevallo, AL

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
53
Very Affordable
Median Home Value
$210,400
National: $426,735
Median Rent
$906/mo
National: $1,527/mo
Household Income
$54,665
National: $84,532
Population
7,429
Purchasing Power
122
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
49 / 100
100 = national average
Rent Index
59 / 100
Overall Index
53
Very Affordable

Montevallo Mortgage Calculator

Pre-filled with the local median home value of $210,400 and Alabama's property tax rate of 0.41%.

Salary & Purchasing Power

Median household income is $54,665 35% below the national average.

What $54,665 in Montevallo Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$155,744+185%
Los Angeles, CA$175,341+221%
El Paso, TX$53,634-2%
Detroit, MI$41,257-25%

Property Tax in Montevallo, AL

Est. Annual Property Tax
$863
Monthly Impact
$72
Added to your mortgage
Effective Rate
0.41%
National avg: ~1.00%

Alabama Tax Overview

Tax TypeAlabamaNational Avg
Property Tax Rate0.41%1.00%
Top Income Tax Rate5%~5.0%
State Sales Tax9.24%~5.0%

Compare Montevallo to Another City

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Cost of Living Comparison

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Montevallo, AL
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Montevallo, AL: 49
Rent Prices
59
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR