Bozeman cost of living is 121.6
| COST OF LIVING | Bozeman | Montana |
|---|---|---|
| Median Home Cost | $587,600 | $353,700 |
| Utilities | 87.7 | 90.7 |
| Transportation | 71.3 | 75.2 |
| Miscellaneous | 101.6 | 98 |
How much are utilities per month in Montana?
Average Utility Costs in Montana: $291 per month
This is what you can expect to spend on utilities each month in Montana.
How much is electricity in Bozeman Montana?
Bozeman, MT Electric Overview
The residential electricity rate is 12.05 cents per kilowatt hour for residents of Bozeman, which is 7.66% higher than the average state price of 11.19 cents and 13.90% below the national average of 13.99 cents.
What’s the cost of living in Bozeman Montana?
Bozeman’s housing expenses are 38% higher than the national average and the utility prices are 12% lower than the national average. Transportation expenses like bus fares and gas prices are 5% lower than the national average. Bozeman has grocery prices that are 5% higher than the national average.
What is the average utility bill in Montana?
Utilities. According to 2017 data from the U.S Energy Information Administration (EIA), the average monthly energy bill in Montana is just $94.75, well below the national average of $111.67. That’s not the lowest energy bill across the 50 states, but it’s certainly within the top 10.
What salary do you need to live comfortably in Montana?
What is a good salary in Montana? The recommended salary in Bozeman, Montana is $5,834 per month or $70,008 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $1,750.
What is a good salary in Montana?
Recommended Salary in Montana
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $75,894 | $6,324 |
| 75th Percentile | $59,840 | $4,986 |
| Average | $54,510 | $4,542 |
| 25th Percentile | $36,001 | $3,000 |
How is living in Bozeman Montana?
Bozeman, Montana, was named the fastest-growing US city of its size in 2018, and often tops lists of the best places to live in the country. Spending three days there, I saw a bustling Main Street filled with trendy cafés and restaurants, and locals who enjoy easy access to hiking, biking, fly-fishing, and skiing.
How much does it cost to get electricity to a property Montana?
If power lines exist at or near your property line, getting an electricity hookup is generally simple. Expect to pay around $1,000 if this is the case. If you pay to hire an electrician, the hourly rate is $50 to $100.
How much does it cost to live in Billings Montana?
Billings cost of living is 94.9
| COST OF LIVING | Billings | Montana |
|---|---|---|
| Health | 96.7 | 100.2 |
| Housing | 99.7 | 100.4 |
| Median Home Cost | $285,600 | $353,700 |
| Utilities | 95.6 | 90.7 |
How much do you need to make to live in Bozeman MT?
So, how much do you need to live comfortably here in Bozeman? A whole lot of folks had a whole lot to say regarding the topic. Someone suggested that if you want to live comfortably here in Bozeman, you need a minimum of 120 thousand combined per year for a family of four.
Why is Bozeman expensive?
After mills and factories shut down completely in the early months of the pandemic, we are now seeing shortages in building materials which is driving up the costs. Labor and materials are both in short supply, which means they are more expensive. Click here for more on Bozeman’s construction industry.
Is it cheaper to live in Texas or Montana?
Texas is 0.4% more expensive than Montana.
What is the cheapest place to live in Montana?
The cheapest places to live in Montana are in Colstrip and Wolf Point. These are two of the eight towns in Montana that offer low gasoline, grocery, and housing prices.
Is it cheaper to live in Montana than California?
Cost of living index Montana
In terms of the median home prices, California can be a whopping 135% more expensive than Montana. Considering the cost of living, taxes, housing, and transport among many other factors, the overall cost of living in Montana can be 37% cheaper than living in California.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
How much is average rent in Montana?
Montana Rent Trends
| Average Rent | Mar / 2022 | Jul / 2022 |
|---|---|---|
| Montana | $1,384 | $1,461 |
| National | $1,634 | $1,706 |
Is Montana a tax friendly state?
Montana is moderately tax-friendly toward retirees. Social Security income is partially taxed. Withdrawals from retirement accounts are fully taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%.
Does Montana have state income tax?
Montana Tax Rates, Collections, and Burdens
Montana has a graduated individual income tax, with rates ranging from 1.00 percent to 6.75 percent. Montana has a 6.75 percent corporate income tax rate. Montana does not have a state sales tax and does not levy local sales taxes.
What is middle class in Montana?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| Rhode Island | $62,691 | $71,169 |
| Arizona | $61,699 | $62,055 |
| Delaware | $60,015 | $70,176 |
| Montana | $59,496 | $57,153 |
What is minimum wage in the state of 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.