Ekalaka, MT is a small town that offers its residents an affordable lifestyle. Rental rates for a two-bedroom apartment average at $840 per month which is significantly lower than the national average of $1,430. Additionally, the cost of groceries in Ekalaka is 97 vs the US Index of 100 - meaning it's one of the more affordable places to grocery shop compared to other parts of the country. The local economy features several businesses and companies such as Chokecherry Diner, World Famous Bakery & Cafe, Yellowstone Drug Store, Ekalaka State Bank, Tumbleweed Saloon & Eatery, and Brownlie Insurance Agency. Residents can also find additional amenities in nearby towns and cities like Miles City and Billings.
Ekalaka has an unemployment rate of 3.1%. The US average is 6.0%.
Ekalaka has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Ekalaka
- The Sales Tax Rate for Ekalaka is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Ekalaka 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 Ekalaka
- The average income of a Ekalaka resident is $25,665 a year. The US average is $28,555 a year.
- The Median household income of a Ekalaka resident is $38,594 a year. The US average is $69,021 a year.