Columbus, MT is a small city located in Park County. It has a population of approximately 1,500 people and offers a cost of living much lower than the US average. For example, 2 bedroom rent is nearly 40% cheaper than the US average at $990 per month. Grocery costs also follow this trend with an index value of 100 versus 100 in the US - meaning there is no difference in price. \nLocal companies include Bitterroot Valley Bank and Peak Physical Therapy that serve the community. Ultimately, Columbus, MT provides its residents with an affordable cost of living compared to other areas around the country.
Columbus has an unemployment rate of 3.7%. The US average is 6.0%.
Columbus has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Columbus
- The average income of a Columbus resident is $26,589 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $60,813 a year. The US average is $69,021 a year.