Housing costs in Lima?
A typical home costs
$232,800, which is 31.1% less expensive than the national average of
$338,100 and 47.3% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Lima costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$990.
Can I afford Lima?
To live comfortably in Lima, Montana, a minimum annual income of
$44,640 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lima?
The cost of living in Lima, MT is generally quite affordable. The sales taxes are low at only 5%, and the median home cost is just $85,000 compared to the national average of $219,700. Prices for food and other necessities are also quite reasonable compared to many other cities in Montana. As a result, it can be very affordable to live in Lima compared to other cities. Additionally, there are plenty of outdoor activities available nearby such as hiking, fishing, golfing and more that make it an attractive location for those looking for a great place to call home at an affordable price.