The median home price is $113,000, and the average rent is $564. Located in north-central Montana , Conrad’s cost of living is 11.80% lower than the U.S. average. A home here will cost around $118,000, while the median rent is $713.
Land in Montana isn’t getting any cheaper . If you are looking to buy land , Montana is the last best place and the best way to buy without the middle man is to buy Montana land for sale by owner.
According to a study done by the Montana High Tech Business Alliance, jobs in Montana’s high-tech sector paid salaries that were more than double the median earning of a Montana worker. Higher salaries = higher-priced homes.
The 5 Most Affordable Cities in Montana Billings . Home to about 106,000 people, Billings is Montana’s largest city. Great Falls . Great Falls , often described as a “cowboy version of Mayberry,” offers a small-town experience at the confluence of the Missouri and Sun rivers. Kalispell . Bozeman . Helena .
Our cost of living indices are based on a US average of 100. An amount below 100 means Montana is cheaper than the US average. Montana cost of living is 94.0.
|COST OF LIVING||Montana||United States|
As a result, we have observed a steady rise in the average price-per-acre of land for sale in Montana. In 2018 the average price per acre was $2,066 , Compared to an $887 per acre average from the early 2000’s (average of all sales over 640 acres) 2.
Land is Very Inexpensive to Own as an Investment – When you buy a piece of land for the right price, there are no mortgage payments to make, no utility bills to pay, and property taxes are extremely cheap in Montana . Many of the properties you can buy are less than the price of a new pickup.
Montana’s unemployment rate is low at 3.9 percent and even lower in Montana’s metro areas, like Missoula at 3 percent and Billings at 3.1 percent. Given these data, it is not surprising that Montana’s employers report they are having a hard time finding skilled workers.
Montana is moderately tax-friendly for retirees. It also has relatively low property taxes. On the other hand, many retirees pay taxes on Social Security retirement benefits, which is fully exempt in most other states . Likewise, Montana provides no exemption for retirement income from pensions or retirement accounts.
We’ve known this for a long time, but can now prove it with science. There’s a new study that has declared that Wyoming is a better place to live than Colorado or Montana . Homesnacks just shared their 10 Best States to Live In America for 2019 list.
Montana has relatively low taxes on residential real estate. The state’s average effective property tax rate is 0.83%, well below the U.S. average, which currently stands at 1.07%. In part, rates in Montana are low because the system is structured to reduce the burden on homeowners.
Recommended Salary in Montana
|Annual Salary||Weekly Pay|
|Milk (regular), (1 gallon )||3.83$|
|Loaf of Fresh White Bread (1 lb)||2.33$|
|Rice (white), (1 lb)||2.50$|
|Eggs (regular) (12)||2.80$|
Montana’s 10 Safest Cities of 2020 Whitefish. Columbia Falls. Dillon. Miles City. Bozeman . Laurel. Belgrade . Glasgow.