Housing costs in Stanford?
A typical home costs
$213,300, which is 36.9% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Stanford costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$990.
Can I afford Stanford?
To live comfortably in Stanford, Montana, a minimum annual income of
$41,040 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Stanford?
The cost of living in Stanford, MT is generally quite affordable. The median home value in the area is around $121,000 and the median list price for a rental is just over $800 per month. The overall cost of living index is lower than most areas across the United States at 89.7 which means that it’s about 10% cheaper than the average cost of living in America. Utilities are also fairly reasonable with an electricity rate of 8.9 cents per kilowatt hour, and average monthly utility costs coming in at around $90-120 depending on usage and other factors like seasonality.