Silver Gate, MT Cost of Living


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United States / Montana / No Metro Area / Park County / Silver Gate / Zip Codes

Silver Gate cost of living score
110
More expensive
10.0% higher
than the US average
10.0% higher
than the Montana average
Silver Gate, Montana gets a BestPlaces Cost of Living score of 110, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.0% higher than the U.S. average and 10.0% lower than the average for Montana.

Silver Gate, MT

Housing costs in Silver Gate?
A typical home costs $612,200, which is 81.1% more expensive than the national average of $338,100 and 38.6% more expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Silver Gate costs $1,650 per month, which is 15.4% more than the national average of $1,430 and 40.0% more than the state average of $990.

Can I afford Silver Gate?
To live comfortably in Silver Gate, Montana, a minimum annual income of $117,360 for a family, and $50,400 for a single person is recommended.

What does A.I. say about Silver Gate?
The cost of living in Silver Gate, MT is quite affordable. The median home value is around $156,400, which is nearly 15% below the national average. Furthermore, the median household income in the area is just over $43,000, about 10% below the national average. In terms of basic necessities such as groceries and utilities, prices tend to be slightly lower than other parts of the country. Moreover, with no state or local income tax, residents don’t have to worry about paying extra taxes on their incomes. All in all, Silver Gate offers a great quality of life at an affordable price.
   Cost of living score
     CategoriesSilver GateMontanaUnited States
  110.0100.0100.0
  102.799.6100
  98.899.6100.0
  223.5121.3100.0
  $612,200$441,800$338,100
  87.0%90.7%100.0%
  84.075.2100.0
  100.490.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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