Zip 59845 (Hot Springs, MT) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Montana / No Metro Area / Sanders County / Hot Springs / Hot Springs (zip 59845)
How much do I need to live in Hot Springs, Montana?
$3,660 / month
for a family, 32.2% less expensive than the national average A total of $43,920 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Hot Springs cost of living score
89.8
Less expensive
10.2% lower
than the US average
10.2% lower
than the Montana average
Hot Springs (zip 59845), Montana gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 10.2% lower than the average for Montana.

Zip 59845 (Hot Springs, MT)

Housing costs in Hot Springs?
A typical home costs $228,900, which is 32.3% less expensive than the national average of $338,100 and 48.2% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Hot Springs 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 Hot Springs?
To live comfortably in Hot Springs (zip 59845), Montana, a minimum annual income of $43,920 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Hot Springs?
The cost of living in 59845 Hot Springs, MT is comparatively low compared to the rest of the United States. The median home price in this area is around $119,000, making it an attractive option for those looking to purchase a new home. In addition, the cost of renting a two-bedroom apartment averages around $700 per month. Grocery costs are also lower than most other places, with an average grocery bill for a family of four costing about $50 per week. This makes living in Hot Springs MT very affordable and attractive for those on tighter budgets.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHot SpringsMontanaUnited States
    Unlock100.0100.0
  96.3  Unlock100.0
    Unlock99.6100.0
  48.7  Unlock100.0
    Unlock$441,800$338,100
  84.8  Unlock100.0
    Unlock75.2100.0
  74.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.