Located in the rural area of Montana, St. Xavier is a quiet and picturesque community. The cost of living here is very affordable, such as rent for a two-bedroom apartment costing only $850 per month. The price of groceries is also low, with an index rating of 98 compared to 100 in the United States. As such, it is an ideal location for individuals looking to save money while enjoying nature and outdoor activities.
The economy in St. Xavier revolves around agriculture and tourism. Notable companies include Blue Bison Farms which specializes in local produce; Grand Ranches which offers horseback riding tours; and the Grizzly’s Den restaurant popular among locals for their delicious home cooked meals. Other businesses include a few small retail stores, art galleries, and antique shops that are worth visiting while exploring the town.
St. Xavier has an unemployment rate of 9.0%. The US average is 6.0%.
St. Xavier has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 2.9%, which is lower than the US average of 33.5%.
Tax Rates for St. Xavier
- The Sales Tax Rate for St. Xavier is 0.0%. The US average is 7.3%.
- The Income Tax Rate for St. Xavier 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 St. Xavier
- The average income of a St. Xavier resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a St. Xavier resident is $116,667 a year. The US average is $69,021 a year.