Zip 59840 (Hamilton, MT) Cost of Living


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United States / Montana / No Metro Area / Ravalli County / Hamilton / Hamilton (zip 59840)

Hamilton cost of living score
108.2
More expensive
8.2% higher
than the US average
8.2% higher
than the Montana average
Hamilton (zip 59840), Montana gets a BestPlaces Cost of Living score of 108.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.2% higher than the U.S. average and 8.2% lower than the average for Montana.

Zip 59840 (Hamilton, MT)

Housing costs in Hamilton?
A typical home costs $455,100, which is 34.6% more expensive than the national average of $338,100 and 3.0% more expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Hamilton costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 8.3% more than the state average of $990.

Can I afford Hamilton?
To live comfortably in Hamilton (zip 59840), Montana, a minimum annual income of $87,120 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Hamilton?
The cost of living in 59840 Hamilton, MT is relatively low when compared to other parts of the United States. Housing costs in the area are some of the lowest in the country, with an average home price of $212,400. Property taxes are also very low compared to most other areas, making it an attractive option for homeowners looking to keep their expenses down. The median household income in 59840 Hamilton is $43,000, which is slightly above the national average and provides residents with a great opportunity to save money and purchase a comfortable home. Other costs such as groceries and utilities are also reasonably priced in this area, making Hamilton a great place to live.
   Cost of living score
     CategoriesHamiltonMontanaUnited States
  108.2100.0100.0
  100.199.6100
  101.699.6100.0
  128.3121.3100.0
  $455,100$441,800$338,100
  85.6%90.7%100.0%
  69.175.2100.0
  83.390.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime