Sheridan, MT Cost of Living


2 Reviews



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United States / Montana / No Metro Area / Madison County / Sheridan / Zip Codes
How much do I need to live in Sheridan, Montana?
$6,060 / month
for a family, 12.2% more expensive than the national average A total of $72,720 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Sheridan cost of living score
108.8
More expensive
8.8% higher
than the US average
8.8% higher
than the Montana average
Sheridan, Montana gets a BestPlaces Cost of Living score of 108.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.8% higher than the U.S. average and 8.8% lower than the average for Montana.

Sheridan, MT

Housing costs in Sheridan?
A typical home costs $379,000, which is 12.1% more expensive than the national average of $338,100 and 14.2% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Sheridan costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 2.0% more than the state average of $990.

Can I afford Sheridan?
To live comfortably in Sheridan, Montana, a minimum annual income of $72,720 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Sheridan?
Sheridan, MT has a relatively low cost of living in comparison to other cities in the United States. The median household income is approximately $41,000 and the median home value is just over $86,000. Groceries, utilities and transportation are all affordable and it is possible to live comfortably on a budget. Furthermore, housing costs are very reasonable when compared with most other cities, making Sheridan an attractive option for those looking to save money while still enjoying all the amenities of urban living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSheridanMontanaUnited States
    Unlock100.0100.0
  99.3  Unlock100.0
    Unlock99.6100.0
  74.8  Unlock100.0
    Unlock$441,800$338,100
  85.5  Unlock100.0
    Unlock75.2100.0
  100.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Sheridan
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Sheridan has a real charm, based at the foot of the Ruby Mountains, the views are breathtaking. The charm of the community is the small town mentality. Everyone knows  More

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Over 19 years ago

My mother's family had a home in Sheridan in the late 1800 Their home was next to the old hotel and bar. My great grandmother used to work there., Her picture was  More

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