Cooke City, MT is a small rural town located in Montana near Yellowstone National Park. It's known for its scenic beauty and outdoor recreation opportunities such as fishing, camping, hiking and mountain biking. The cost of living in Cooke City is slightly higher than the US average with 2 bedroom rent at $1,650 compared to the US average of $1,430. Grocery costs are also slightly higher with a Grocery Cost Index of 102 versus 100 in the US. \nLocal companies include Second Wind Fly Shop, Bucky's Laundromat & Doughnut Shop and High Country Trading Co. There are plenty of places to explore in Cooke City as it's surrounded by mountains and natural parks making it ideal for outdoor activities. Popular attractions include Panorama Point Trailhead, Cooke City-Silver Gate Museum, Limber Pine Trailhead and Red Lodge Mountain Resort.
Cooke City has an unemployment rate of 5.1%. The US average is 6.0%.
Cooke City 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 Cooke City
- The Sales Tax Rate for Cooke City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cooke City 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 Cooke City
- The average income of a Cooke City resident is $31,190 a year. The US average is $28,555 a year.
- The Median household income of a Cooke City resident is $43,125 a year. The US average is $69,021 a year.