Is Billings Mt Affordable?

Billings’ many advantages come at an affordable price; the median home value is 185,900, and the median household income is $49,265.

Is it cheap to live in Billings Montana?

A cost of living index of 94.9 indicates that Billings, Montana is relatively cheaper to live in than any other US city.

How much does it cost to live in Billings Montana?

Billings cost of living is 94.9

What city in Montana has the lowest cost of living?

Cheapest Places in Montana Guide

1. Colstrip. First on the list is Colstrip, which is also famous for being among the safest and best places to live in Montana.
2. Wolf Point.
3. Billings.
4. Bozeman.
5. Scobey.
6. Chinook.
7. Kalispell.
8. Helena.

Is Montana a cheap state to live in?

According to MERIC data in the third quarter of 2021, Montana ranks 30th when it comes to cost of living. That means Montana is more expensive to live in than half of the country. If you have your heart set on living in the Rocky Mountain region, Wyoming is a much more affordable option, ranked 18th on the same list.

What are the pros and cons of living in Montana?

Here’s my top 10 list of moving to Montana pros and cons:

• An amazing outdoor setting.
• Limited effects of urbanization.
• Reasonable cost of living.
• Plenty of jobs and education options.
• Interesting residents.
• Extreme and diverse weather.
• Lacking in urban amenities.
• Too many tourists.

What is low income in Montana?

$1,506. $1,570. Annual Income Needed to Afford. Montana. Billings HMFA.

What is minimum wage in Billings Montana?

Montana Minimum Wage for 2021, 2022. Montana’s state minimum wage rate is $9.20 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.

Is Billings Montana a good place to live?

Billings is a growing town with ever expanding opportunities. The inviting environment is extremely pleasant and comfortable. There are many outdoor activities to enjoy and we are within driving distance from large lakes and rivers. The city itself is fairly clean and safe, I rarely feel unsafe in town.

What are the winters like in Billings Montana?

The cold season lasts for 3.3 months, from November 18 to February 27, with an average daily high temperature below 46°F. The coldest month of the year in Billings is December, with an average low of 22°F and high of 37°F.

What is a good salary in Montana?

Recommended Salary in Montana

Is it cheaper to live in Colorado or Montana?

Not only this, but Montana also has lower net taxes, owing to the lack of a state sales tax, which affects everything you buy, including cars, houses, and food, but also because the general cost of living is 19 percent cheaper compared to Colorado and housing costs are 40 percent lower than Colorado.

What is the best part of Montana to live in?

Here are the 10 best places to live in Montana.

• Butte-Silver Bow.
• Kalispell.
• Bozeman.
• Missoula.
• Billings.
• Polson.
• Whitefish.
• Livingston. Just north of Yellowstone National Park and along the Yellowstone River is Livingston, a city that relies heavily on tourism.

What is the most common job in Montana?

What Are the Most Popular Jobs in Montana?

• Office and Administrative Support Occupations with 67,620 employed.
• Sales and Related Occupations 49,960 employed.
• Food Preparation and Serving Related Occupation 46,030 employed.
• Healthcare Practitioners and Technical Occupations 29,340 employed.

Is it cheaper to live in Idaho or Montana?

The cost of living in Idaho is only 3.7% higher than in Montana—so these two states are pretty much on par with each other in terms of living expenses. The only area where you’ll notice a significant difference is housing, which costs about 14% more in Idaho.

Where is the cheapest place to live in the mountains?

The 10 Most Affordable Places to Buy a Mountain House

• 8 Taos, New Mexico.
• 7 South Lake Tahoe, California.
• 6 Durango, Colorado.
• 5 Granby, Colorado.
• 4 Big Bear, California.
• 3 Maggie Valley, North Carolina.
• 2 Conway, New Hampshire. David Robinson / EyeEmGetty Images.
• 1 Poconos, Pennsylvania. Alex PotemkinGetty Images.

What is the downside to living in Montana?

Low population density
Being the 4th largest state by area, there are only 1.08 million people living there. The average number of people per one square mile is just 7.09. The state has 2.4 people per house compared to the U.S. average of about 2.6.

What are the negatives of living in Montana?

List of the Cons of Living in Montana. 1. The weather in Montana can be challenging to manage at times. There might be big skies to go explore in Montana, but there are also some challenging weather events that you will need to manage.

What are the dangers of living in Montana?

Here Are The 8 Biggest Risks Living In The State of Montana

• A potential Yellowstone eruption. Jeff Gunn / Flickr.
• Colliding with a deer, elk, or moose while driving.
• Outdoor accidents.
• Snow drama.
• Feeling claustrophobic in crowds.
• Grizzlies.
• A disdain for California.
• The inability to be happy living anywhere else.

What is middle class in Montana?

The common approach is to categorize the middle class as the group of earners at the center of the earnings scale, or the median.
How much you have to earn to be middle class in every state.

Does Montana have affordable housing?

Affordable Housing Programs in Montana
There are currently over 23,000 housing units in Montana that are supported by one or more affordable housing programs. This is a substantial number, yet in comparison to the more than 510,000 housing units of all kinds in the state, it is clearly a tiny segment of the market.