La Fayette, AL vs Montevallo, AL
There is a significant gap in the cost of living between these two cities. La Fayette is 27% cheaper than Montevallo. With a cost index of 56 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from La Fayette to Montevallo should plan for substantially higher expenses across most categories.
On the housing front, median rent in La Fayette is $540/month compared to $906/month in Montevallo — a 40% difference. Home values follow the same pattern: La Fayette is more affordable at $101,300 median vs $210,400.
Median household income in La Fayette is $32,999 compared to $54,665 in Montevallo (-39.6%). While Montevallo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of La Fayette spend roughly 19.6% of their income on rent, less than the 19.9% in Montevallo.
Climate-wise, both cities share similar average temperatures (66.6°F vs 64.4°F). Montevallo receives more rainfall at 56.2" per year compared to 48.8" in La Fayette.
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