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Montana Yearly Expenses by Quarter
Category:
State:
Multi-State
Control #:
US-174-AZ
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Word;
PDF;
Rich Text
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FAQ
We know there is a whole lot more land and open space per person out in Montana; we also know that it's almost 20% cheaper to live in Montana than Oregon2026
Average Utility Costs in Montana: $291 per month Utilities are an ongoing expense. This is what you can expect to spend on utilities each month in Montana.
Living in Montana is rather affordable in comparison with other states. Despite the fact that the cost-of-living index is 2.8% higher than the average national index, in most cases, it is cheaper to live in this state than around the rest of the US.
Although housing prices are on the rise, Montana is still pretty affordable, which makes it a great place to settle down.
Utilities. According to 2017 data from the U.S Energy Information Administration (EIA), the average monthly energy bill in Montana is just $94.75, well below the national average of $111.67.
Average Cost of Living in Montana: $42,310 per year That means Montana is more expensive to live in than half of the country.
To determine how much money you will need to make to live comfortably in Montana, you can use Billings as an example, where the median rent for a one-bedroom will cost $750. According to the 30% rule, your monthly wages should be at least three times this amount, equalling $2,500 per month or $30,000 annually.
The average rental prices are much cheaper than the national average. For example, the average cost of renting a studio apartment in Montana is $566 per month, compared to the U.S. national average of $821 per month.
