Housing costs in Homestead?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Homestead 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 Homestead?
To live comfortably in Homestead, Montana, a minimum annual income of
$35,280 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Homestead?
The cost of living in Homestead, MT is significantly lower than the national average. According to the US Average Cost of Living, expenses such as housing, food, and transportation are all much more affordable in this small town. This means that those who choose to live in Homestead can often get more for their money than they could elsewhere. For example, the median home value in Homestead is considerably lower than the national average of $338,100. Not only does this mean that locals can buy a house for less money, but it also means they have access to more amenities at a lower cost. With this combination of affordability and quality, it's no surprise that so many people choose to call Homestead home.