Melstone, MT is a small town located in the northern part of Montana. Despite its size, Melstone has plenty to offer. From an affordable cost of living to high-quality amenities and services, Melstone is the perfect place for those looking for an escape from the hustle and bustle of city life. Rent for a two-bedroom apartment in Melstone comes in at $930 per month, which is much more affordable than the national average of $1,430. Additionally, their Grocery Cost Index is 97 compared to the US average of 100 making grocery shopping more economical. The local economy is driven by businesses such as Buffalo Outfitters LLC, Sandro's Pizza House, and Big Sky Hunting Ranch LLC who all provide locals with quality goods and services.
Melstone has an unemployment rate of 5.4%. The US average is 6.0%.
Melstone has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Melstone
- The Sales Tax Rate for Melstone is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Melstone 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 Melstone
- The average income of a Melstone resident is $31,931 a year. The US average is $28,555 a year.
- The Median household income of a Melstone resident is $26,538 a year. The US average is $69,021 a year.