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Montana Yearly Expenses
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Multi-State
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US-175-AZ
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How to fill out Yearly Expenses?
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FAQ
Although housing prices are on the rise, Montana is still pretty affordable, which makes it a great place to settle down.
Montana is generally average in cost, or maybe a little more expensive than average when it comes expenses, and lower in wages than average in the United States. However, wages fall behind the times as Montana is 38th out of the 50 states in wages. The average household income in Montana was $44,222 in 2014.
The cheapest places to live in Montana are in Colstrip and Wolf Point. These are two of the eight towns in Montana that offer low gasoline, grocery, and housing prices.
Average Cost of Living in Montana: $42,310 per year According to MERIC data in the third quarter of 2021, Montana ranks 30th when it comes to cost of living. That means Montana is more expensive to live in than half of the country.
Average Cost of Living in Montana: $42,310 per year Take a good look at your monthly budget if you're planning a move to Montana. According to MERIC data in the third quarter of 2021, Montana ranks 30th when it comes to cost of living. 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 cheapest places to live in Montana are in Colstrip and Wolf Point. These are two of the eight towns in Montana that offer low gasoline, grocery, and housing prices....Cheapest Places in Montana GuideColstrip.Wolf Point.Billings.Bozeman.Scobey.Chinook.Kalispell.Helena.
Although housing prices are on the rise, Montana is still pretty affordable, which makes it a great place to settle down.
