Is It Expensive To Live In Billings Montana?

So, any value below 100 indicates that Billings is cheaper than the US average and the cost of living index above 100 indicates that Billings is more expensive than the average American city. 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 do you need to make to live comfortably in Billings Montana?

To determine how much money you will need to make to live comfortably in Montana, you can use Billings as an example, where the median rent for a one-bedroom will cost $750. According to the 30% rule, your monthly wages should be at least three times this amount, equalling $2,500 per month or $30,000 annually.

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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.

Is Billings Montana cheap to live?

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

Why is Billings MT 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.

What is the cheapest place to live in Montana?

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 it cheaper to live in Montana or Colorado?

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 do I need to know before moving to Billings Montana?

Things You Should Know Before Moving to Billings, MT

  • Billings Climate.
  • Billings Geography and Neighborhoods.
  • Living Costs in the City.
  • Registering Your Car.
  • Billings Moving Resources.
  • Billings Schools.
  • Billings Employment.
  • Public Transportation.
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Is Billings safe to live?

Montana’s largest city, Billings, is also its least safe, earning a Safety Index score of -0.97 due to a violent crime rate of 4.93 per 1,000 and property crime rate of 54.58 per 1,000.

What are 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 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 the cheapest state to live in?

Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

What is the best city in Montana to live in?

2021’s 7 Best Cities to Live in Montana

  • Bozeman. Bozeman is regarded as one of the best cities to live in Montana.
  • Missoula. Missoula is the second largest city in Montana with a population of around 73,000.
  • Helena.
  • Dillon.
  • Livingston.
  • Whitefish.
  • Four Corners.
  • What is the safest city in Montana?

How affordable is Billings Montana?

Billings cost of living is 94.9

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COST OF LIVING Billings Montana
Grocery 101.3 99.6
Health 96.7 100.2
Housing 99.7 100.4
Median Home Cost $285,600 $353,700

What is the most expensive city in Montana?

Bigfork
Top ten most expensive cities in Montana

City Average Price
#1 Bigfork $943,485
#2 Hamilton $928,173
#3 Whitefish $863,784
#4 Bozeman $659,421

Are houses expensive in Montana?

Since this time last year, the median sale price for a home in Missoula increased 20.5%, to $403,450. In Whitefish, the cost has increased 41%, for a price of $632,000. The median sales price in Butte is $180,000, which is an annual increase of 12%.

Is it cheaper to live in Montana or Oregon?

The cost of living in Missoula, MT is -17.7% lower than in Portland, OR. You would have to earn a salary of $49,356 to maintain your current standard of living. Employers in Missoula, MT typically pay -20.4% less than employers in Portland, OR.

What is the best small town to live in Montana?

12 Best Small Towns in Montana

  1. Whitefish. Skiing at Whitefish.
  2. West Yellowstone. Bison in Yellowstone National Park.
  3. Hamilton. Bitterroot Mountains near Hamilton.
  4. Polson. Polson, Montana.
  5. Philipsburg. Philipsburg.
  6. Fort Benton. Fort Benton.
  7. Livingston. Livingston | Tracy Hunter / photo modified.
  8. Anaconda.

How long are winters in Montana?

The cold season lasts for 3.2 months, from November 18 to February 25, with an average daily high temperature below 40°F. The coldest month of the year in Montana City is December, with an average low of 14°F and high of 31°F.

Is there affordable housing in Montana?

There are currently 4,319 housing units in Montana being subsidized by Section 8 programs, of which 1,500 are targeted for families earning low incomes. The USDA Rural Development programs offer loans, guarantees and other credit support for housing development in rural areas for low-income households.

How Hot Is Montana in the summer?

Average highs are in the 80s in the summer but we occasionally get heat waves. Temperatures in the 90s are considered hot and temperatures in the low 100s are very rare but possible. September is a transition month. The month is dry and the daily temps are usually very pleasant with highs in the low 80s and 70s.