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La Fayette, AL vs Montevallo, AL

56
La Fayette
Alabama
VS
-27%
77
Montevallo
Alabama

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.

Income & Cost

Cost of Living Index
La Fayette
56
27% cheaper
Montevallo
77
Median Household Income
La Fayette
$32,999
Montevallo
$54,665
40% higher

Housing

Median Rent
La Fayette
$540
40% cheaper
Montevallo
$906
Median Home Value
La Fayette
$101,300
52% cheaper
Montevallo
$210,400
Population
La Fayette
2,665
Montevallo
7,429

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
La Fayette
Montevallo $2.90
US $3.07
🥚
Eggs (grade A, large)
La Fayette
Montevallo $2.37
US $2.50
🥛
Milk (whole)
La Fayette
Montevallo $3.81
US $4.03
🍞
Bread (white)
La Fayette
Montevallo $1.75
US $1.85
🍗
Chicken breast
La Fayette
Montevallo $3.92
US $4.14
Electricity
La Fayette
Montevallo $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
La Fayette 66.6°F
Montevallo 64.4°F
Summer High
La Fayette 93°F
Montevallo 91°F
Winter Low
La Fayette 38°F
Montevallo 36°F
Rainfall
La Fayette 48.8"
Montevallo 56.2"
Rainy Days
La Fayette 109d
Montevallo 126d