Hot Springs, MT Cost of Living


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United States / Montana / No Metro Area / Sanders County / Hot Springs / Zip Codes

Hot Springs cost of living score
89.8
Less expensive
10.2% lower
than the US average
10.2% lower
than the Montana average
Hot Springs, Montana gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 10.2% lower than the average for Montana.

Hot Springs, MT

Housing costs in Hot Springs?
A typical home costs $224,100, which is 33.7% less expensive than the national average of $338,100 and 49.3% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Hot Springs costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 17.9% cheaper than the state average of $990.

Can I afford Hot Springs?
To live comfortably in Hot Springs, Montana, a minimum annual income of $42,840 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Hot Springs?
The cost of living in Hot Springs, MT is very reasonable compared to other parts of the country. The median home value is $169,400 and the median household income is around $41,000. Although the cost of living index is slightly higher than the national average, it is still considered affordable. Most goods and services are priced reasonably and there are many discounts available for shopping in Hot Springs. Overall, it is an affordable place to live with plenty of amenities nearby to enjoy.
   Cost of living score
     CategoriesHot SpringsMontanaUnited States
  89.8100.0100.0
  96.399.6100
  99.799.6100.0
  50.5121.3100.0
  $224,100$441,800$338,100
  84.8%90.7%100.0%
  75.175.2100.0
  74.490.0100.0

   100=National Average

   Average Rent by Bedroom Size
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