Virginia City, MT is a small city located in south-western Montana. With a population of only 735, it is the perfect place to escape the hustle and bustle of big city life. The cost of living in Virginia City is relatively low compared to other cities. The average two bedroom rent is $990, which is significantly lower than the US average of $1,430. Grocery Cost Index in Virginia City is 99 versus 100 in the US. This indicates that food items are slightly cheaper in Virginia City than elsewhere. Local companies such as GJ Trading Co., O’Reilly Auto Parts and Dairy Queen provide great services at very affordable prices, making it easy for citizens to make ends meet while still enjoying the comforts of city life.
Virginia City has an unemployment rate of 3.9%. The US average is 6.0%.
Virginia City has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Virginia City
- The Sales Tax Rate for Virginia City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Virginia 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 Virginia City
- The average income of a Virginia City resident is $24,124 a year. The US average is $28,555 a year.
- The Median household income of a Virginia City resident is $68,750 a year. The US average is $69,021 a year.