Missoula, MT is an amazing city with plenty of exciting activities to see and do. The cost of living in Missoula is relatively lower than the rest of the United States, with a two bedroom rent averaging around $1,130 per month. The Grocery Cost Index in Missoula is also lower than the US index at 104 versus 100. There are many local businesses and attractions in Missoula that draw people to it such as Big Sky Brewing Company, Taste of Montana Food Tours, Adventure Cycling Association, and Caras Park. The Riverfront Trail along the Clark Fork River provides scenic running or biking trails throughout downtown where locals can be seen exercising or simply enjoying the view. Additionally, there are numerous art galleries and museums like the Rocky Mountain Museum Of Military History that provide educational experiences for visitors and locals alike.
Missoula has an unemployment rate of 4.4%. The US average is 6.0%.
Missoula has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Missoula
- The Sales Tax Rate for Missoula is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Missoula 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 Missoula
- The average income of a Missoula resident is $25,275 a year. The US average is $28,555 a year.
- The Median household income of a Missoula resident is $54,423 a year. The US average is $69,021 a year.