Livingston, MT is a small and scenic town located in Park county. It’s an ideal place to live for those seeking a rural lifestyle with close proximity to the larger cities of Bozeman and Billings. The cost of living in Livingston is relatively lower than that of the US, including rent for 2-bedrooms at $1,220 which is nearly $200 less than the national average. Additionally, groceries here are slightly cheaper with a Grocery Cost Index (GCI) of 101 compared to 100 across the US.
The local economy consists mostly of retail stores, restaurants, construction firms, and agricultural businesses. Notable businesses in the area include Gallatin Sierra Investment Real Estate, Livingston Auto Parts & Machine Shop, Log Cabin Cafe & Bakery, Aardvark Cottage & Gifts LLC., Beartooth Fly Fishing Adventures, Feltons Printing Services and more. With its peaceful atmosphere and ample resources, Livingston is a great place to call home.
Livingston has an unemployment rate of 5.1%. The US average is 6.0%.
Livingston has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Livingston
- The Sales Tax Rate for Livingston is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Livingston 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 Livingston
- The average income of a Livingston resident is $24,453 a year. The US average is $28,555 a year.
- The Median household income of a Livingston resident is $51,599 a year. The US average is $69,021 a year.