Shawmut, MT Economy

Shawmut, MT is a small town located in the Northwest corner of Montana. It has a population of just under 500 people according to the 2019 census. The cost of living in Shawmut is significantly lower than that of other cities in the US, with average 2 Bedroom rent costing $820 compared to the national average of $1,430. The Grocery Cost Index in Shawmut is 97 compared to 100 nationwide, further demonstrating how economical it is to live there. Shawmut's main industries include agriculture, timber production, and renewable energy. Some notable local companies are F&S Feed & Grain Co., Lost Creek Farms LLC, and Shawmut Logging Company Ltd. All these factors combined make for an affordable place to live with plenty of job opportunities available for those who choose to move or settle in Shawmut.