Missoula has an average monthly rent of $1,095 which is substantially below the national average rent. The cost of living in Missoula is substantially lower than the national average.
How expensive is it to live in Missoula MT?
Missoula cost of living is 104.4
| COST OF LIVING | Missoula | Montana |
|---|---|---|
| Health | 98.7 | 100.2 |
| Housing | 132.1 | 100.4 |
| Median Home Cost | $459,400 | $353,700 |
| Utilities | 85.5 | 90.7 |
Is Missoula Montana cheap?
Like Bozeman, Missoula is affordable. Its cost of living is 3.2% lower than the national average.
Why is Missoula Montana so expensive?
Final Verdict: Why is Montana so Expensive? Due to increased demand and reduced supply, the housing market in Montana is experiencing a significant boom. These high prices trickle down into the rest of the economy, resulting in a higher cost of living than the national average.
How much do I need to make to live in Missoula Montana?
Living Wage Calculation for Missoula County, Montana
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $16.70 | $28.95 |
| Poverty Wage | $6.19 | $7.46 |
| Minimum Wage | $9.20 | $9.20 |
What should I know before moving to Missoula?
15 Things To Know Before Moving To Missoula Montana
- Montana Has Low Population.
- You Will Want To Explore Nature.
- Cost Of Living Below The National Average.
- Public Universities Are Worth Considering Here.
- You Will Find Beautiful Houses.
- Montana Is A Divided State Politically.
- You Might Want A Car With 4-Wheel Drive.
How much is a gallon of milk in Missoula Montana?
Food prices
| Markets | Edit |
|---|---|
| Milk (regular), (1 gallon) | 3.95$ |
| Loaf of Fresh White Bread (1 lb) | 2.54$ |
| Rice (white), (1 lb) | 1.87$ |
| Eggs (regular) (12) | 3.25$ |
What is the cheapest city 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.
Cheapest Places in Montana Guide
- Colstrip.
- Wolf Point.
- Billings.
- Bozeman.
- Scobey.
- Chinook.
- Kalispell.
- Helena.
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 much money do you need to live comfortably in Montana?
Average Cost of Living in Montana: $42,310 per year
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. In terms of monthly expenses, that’s $3,525, on average.
Where do the wealthy live in Montana?
In Montana, Missoula is home to more billionaires than any other city. A total of two billionaires live in Missoula with a combined net worth of $8.3 billion. Of Missoula residents with a minimum 10-figure net worth, Dennis Washington is the wealthiest, worth an estimated $6.3 billion.
What state is the cheapest to buy a house?
West Virginia is the cheapest state to buy a home. A typical home in West Virginia costs $129,103, nearly $30,000 less than Mississippi’s and less than half of the national average. A homebuyer can expect to get 1,792 square feet of living space for that price.
Is Missoula MT a good place to live?
Missoula is a great place to live, very high quality of life, lots of recreational opportunities, with a beautiful landscape and truly excellent schools – people don’t know what a ‘good school’ is until they’ve sent their kids to one and Missoula public schools are excellent.
Is it cheaper to live in Montana or Texas?
Texas is 0.4% more expensive than Montana.
What is the average rent in Montana?
Montana Rent Trends
| Average Rent | Mar / 2022 | Jul / 2022 |
|---|---|---|
| Montana | $1,384 | $1,461 |
| National | $1,634 | $1,706 |
Is it cheaper to live in Montana or Tennessee?
Tennessee is 0.9% cheaper than Montana.
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.
Is it worth moving to Montana?
From the jagged Rocky Mountains to the expansive Great Plains, the state’s 147,000 square miles of sprawling terrain is home to some of the most beautiful wildlife in the country. It’s also home to a number of unique cities and towns filled with friendly residents, affordable neighborhoods and plenty of jobs.
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.
Is food expensive in Montana?
Montana is no exception. Just as food costs are lower than average in Montana, so, too, are incomes. The typical family in the state earns $72,773 a year, compared to the national average of $80,069. Montana residents are less likely to rely on government assistance to afford groceries than the typical American.
How much does a loaf of bread cost in Montana?
Food prices
| Markets | Edit |
|---|---|
| Loaf of Fresh White Bread (1 lb) | 2.17$ |
| Rice (white), (1 lb) | 1.06$ |
| Eggs (regular) (12) | 3.73$ |
| Local Cheese (1 lb) | 4.58$ |