Sheridan Lake, Colorado vs. Plentywood, Montana

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  6.2% higher in Plentywood, Montana
than in Sheridan Lake, Colorado
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Sheridan Lake, Colorado, we will also give you your estimated taxes in Plentywood, Montana.
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
   Annual taxes
      Based on $60,000 income
   Social security taxes
Sheridan Lake, COPlentywood, MT
Tax Social SecurityYesYes
Social Security NoteUp to $20,000 can be excluded for taxpayers younger than 65, and for those 65 and older, up to $24,000 can be excludedTaxable but amount might be different than federally taxable amount because Montana taxes some types of income that the federal does not
   Estimated sales tax
      State level, based on annual income of $75,000
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
   Tax on food
Sheridan Lake, COPlentywood, MT
Sales Tax On FoodYes - No state sales tax but full tax at local level. No rebate.No
   Real estate tax
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Sheridan Lake, CO    Plentywood, MT    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care