Question 1

What is the cost of living in Montana?

Accepted Answer

Montana has an average cost of living index of 81, which is 27% below the national average of 111. Average monthly rent across tracked cities is $1,383, and average median household income is $71,855.

Question 2

What is the cheapest city in Montana?

Accepted Answer

Billings is the most affordable city tracked in Montana, with a cost index of 81 and median rent of $1,383/month.

Question 3

What is the most expensive city in Montana?

Accepted Answer

Billings is the most expensive city tracked in Montana, with a cost index of 81 and median rent of $1,383/month.

Question 4

What is the average rent in Montana?

Accepted Answer

The average monthly rent across 1 tracked cities in Montana is $1,383. The cheapest rent is in Billings at $1,383/month.

Question 5

What is the average household income in Montana?

Accepted Answer

The average median household income across tracked cities in Montana is $71,855. The highest-earning city is Billings at $71,855.

Question 6

Is Montana affordable to live in?

Accepted Answer

Montana's average rent-to-income ratio is 23.1%. Financial advisors recommend keeping rent below 30% of gross income. Montana is generally considered affordable, with rent taking less than 30% of typical incomes.

Montana

Core metrics, city comparisons, and tax signals

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Montana

Core metrics, city comparisons, and tax signals