Housing costs in Reed Point?
A typical home costs
$424,900, which is 25.7% more expensive than the national average of
$338,100 and 3.8% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Reed Point costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 18.2% more than the state average of
$990.
Can I afford Reed Point?
To live comfortably in Reed Point (zip 59069), Montana, a minimum annual income of
$81,360 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Reed Point?
The cost of living in 59069 Reed Point, MT is relatively low compared to other towns and cities in Montana. According to the most recent data from the US Census Bureau, the median home value is $123,800 as of 2019. This is a decrease from 2018's estimates of $130,900. Additionally, the median rent for a two-bedroom residence was estimated at $619 per month in 2019, a slight increase from 2018's estimates of $615 per month. Overall, Reed Point offers residents an affordable living option with its reasonable prices on housing and utilities.