Shepherd, MT Cost of Living


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Shepherd cost of living score
94.6
Less expensive
5.4% lower
than the US average
5.4% lower
than the Montana average
Shepherd, Montana gets a BestPlaces Cost of Living score of 94.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.4% lower than the U.S. average and 5.4% lower than the average for Montana.

Shepherd, MT

Housing costs in Shepherd?
A typical home costs $409,200, which is 21.0% more expensive than the national average of $338,100 and 7.4% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Shepherd costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 13.8% cheaper than the state average of $990.

Can I afford Shepherd?
To live comfortably in Shepherd, Montana, a minimum annual income of $78,480 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Shepherd?
The cost of living in Shepherd, MT is quite reasonable. The median home price in the area is just over $153,000, which makes it one of the more affordable places to live in Montana. Groceries and other essential items are also fairly priced, with the overall cost of living being lower than many parts of the state. In addition, housing costs in Shepherd tend to remain lower than those found in larger cities or resort towns throughout Montana. With its low cost of living and plenty of outdoor activities available nearby, Shepherd is an attractive option for those wanting to settle down in a rural area while still being able to enjoy all that Montana has to offer.
   Cost of living score
     CategoriesShepherdMontanaUnited States
  94.6100.0100.0
  102.699.6100
  93.399.6100.0
  121.0121.3100.0
  $409,200$441,800$338,100
  99.0%90.7%100.0%
  79.075.2100.0
  112.590.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Shepherd, MT cost of living
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