Housing costs in Montana?
A typical home costs
$441,800, which is 30.7% more expensive than the national average of
$338,100 and 0.0% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Montana costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$990.
Can I afford Montana?
To live comfortably in Montana, a minimum annual income of
$84,600 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Montana?
The cost of living in Montana State is typically lower than the national average. Housing prices are generally lower, and the median home price for a single family home is around $240,000. Groceries, utilities, and health care costs tend to be below the nation's average as well. Montana also has no state sales tax or estate taxes, which adds even more savings to residents' pockets. Although Montana does not have a large city with high cost of living prices like other states may, there are still some areas that can be expensive such as Bozeman and Whitefish. However, overall most people find that living in Montana State is an affordable option with a great quality of life.