$120K in Montgomery = $115,556 in McAllen
Your $120K salary in Montgomery (COL 81) has the same purchasing power as $115,556 in McAllen (COL 78). McAllen is cheaper — your money goes 4% further there.
Budget breakdown — $120K in both cities
What $120K actually buys you in each city after taxes and core expenses.
| Expense | Montgomery $120K | McAllen $120K (same salary) |
|---|---|---|
| Monthly take-home | $6,655 | $7,155 |
| 1BR rent | $1,050 | $950 |
| Groceries | $353 | $338 |
| Transport | $38 | $35 |
| Utilities | $170 | $165 |
| Internet | $58 | $60 |
| Left after essentials | $4,986/month | $5,607/month |
Frequently asked questions
What is $120K in Montgomery equivalent to in McAllen?
$120K in Montgomery (COL index 81) has the same purchasing power as $115,556 in McAllen (COL index 78). That's 4% less than your current salary.
If I move from Montgomery to McAllen keeping my $120K salary, will I be better off?
Yes. If you keep earning $120K after moving to McAllen, you'd have $621 more per month after core expenses — because McAllen is cheaper than Montgomery.
How is the salary equivalent calculated?
The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $120K × (78 ÷ 81) = $115,556. This adjusts for differences in housing, food, transport, and general cost of living.
Other salary amounts — Montgomery to McAllen
Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only