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Cost of Living in Montana

Carved from Idaho Territory on May 26, 1864, Montana was admitted as the 41st state on November 8, 1889, with Helena as its capital. Glacier National Park, named for its small active glaciers, covers the northwest corner, and part of Yellowstone lies along the southern line. Winters are long: Great Falls averages about 66 inches of snow a year.

PopulationCensus Bureau, ACS 2024 1-year
1,137,233
Median household incomeCensus Bureau, ACS 2024 1-year
$75,340
State income taxMontana 2026 tax schedule
Up to 5.7%
Cost of living (US = 100)BEA Regional Price Parities 2024
94.6

What a typical paycheck keeps in Montana

Typical worker in MontanaStatewide median wagePay periodOne year
Typical salary
$48,740

Taxes

Federal income tax
−$3,669
Payroll taxes
−$3,729
State income tax
−$1,534

Living costs

Rent, 1-bedroom
−$14,676
Everyday costs
−$16,611

You keep

after taxes, rent and everyday costs

$8,521a year, or $710 a month

Pay: BLS OEWS statewide median. Rent: HUD FY2027, population-weighted across Montana.

The typical Montana worker earns $48,740 (BLS). After taxes, a statewide 1-bedroom rent and everyday costs, $8,521 is left. Pick a city for local rents and pay.

Taxes take 18.3%Federal, payroll and state income tax on the typical wage.
Rent takes 30.1% of payA statewide 1-bedroom at $1,223 a month (HUD).
$710 a month leftFor savings, debt and everything else.

Try your own job and city

Cost of living in Montana

Prices across Montana run 5% below the US average (BEA, 2024).

Prices against the US

BEA, 2024

  • Housing84.615% below the US average
  • Goods (food, clothing, cars)96.04% below the US average
  • Utilities72.328% below the US average
  • Other services (healthcare and more)98.71% below the US average
  • All items94.65% below the US average

Monthly budget for one person

CostMonthlyYearly
Rent, 1-bedroom$1,223$14,676
Food$474$5,688
Transportation$375$4,500
Healthcare$348$4,176
Utilities$188$2,256
Total before taxes$2,608$31,296

Rent is the statewide average of county fair market rents, weighted by population. City rents differ.

Montana taxes

State income tax, single filer (2026)

5.7%top rate, in brackets

Taxable income overRate
$04.7%
$47,5005.7%

Montana starts from federal taxable income.

Taxes on the median household income

$75,340 of wages, one single filer (Census 2024 median).

Federal income tax−$7,745
Payroll taxes−$5,764
State income tax−$2,896
Effective tax rate21.8%

Cities in Montana

What a typical worker keeps after taxes, rent and everyday costs in each Montana city we cover.

What common jobs keep in Montana

The 15 jobs that keep the most: statewide median pay, and what's left after taxes, a statewide 1-bedroom rent and everyday costs.

JobYou keep
Dentist$167,200 median pay$86,174
Pharmacist$142,080 median pay$70,424
Physician assistant$141,470 median pay$70,042
Nurse practitioner$137,210 median pay$67,371
Software engineer$121,990 median pay$57,827
Lineman$110,320 median pay$50,282
Lawyer$103,720 median pay$46,011
Data scientist$100,490 median pay$43,921
Veterinarian$99,390 median pay$43,209
Financial analyst$99,190 median pay$43,080
Dental hygienist$98,440 median pay$42,594
Mechanical engineer$94,190 median pay$39,844
Civil engineer$93,070 median pay$39,120
Physical therapist$91,450 median pay$38,072
Occupational therapist$88,990 median pay$36,480

Salary pages in Montana, A–Z

Pay range, what's kept and the best cities for each job

  • Accountant
  • Auto mechanic
  • Carpenter
  • Civil engineer
  • Data scientist
  • Dental assistant
  • Dental hygienist
  • Dentist
  • Diesel mechanic
  • Electrician
  • Financial analyst
  • Firefighter
  • HVAC technician
  • Lawyer
  • Licensed practical nurse
  • Lineman
  • Mechanical engineer
  • Medical assistant
  • Nurse practitioner
  • Nursing assistant
  • Occupational therapist
  • Paralegal
  • Paramedic
  • Pharmacist
  • Pharmacy technician
  • Physical therapist
  • Physician assistant
  • Plumber
  • Police officer
  • Project manager
  • Radiologic technologist
  • Registered nurse
  • Respiratory therapist
  • Social worker
  • Software engineer
  • Speech-language pathologist
  • Teacher
  • Truck driver
  • Veterinarian
  • Welder

Top-paying jobs in Montana

Median pay, jobs with at least 1,000 workers (BLS OEWS)

JobMedian pay
Pharmacists$142,080
Nurse Practitioners$137,210
Computer and Information Systems Managers$132,860
Financial Managers$131,060
Software Developers$121,990
Sales Managers$117,390
Managers, All Other$110,470
Medical and Health Services Managers$105,840
Construction Managers$104,480
Lawyers$103,720
Management Analysts$97,470
Civil Engineers$93,070
Physical Therapists$91,450
General and Operations Managers$91,380
Project Management Specialists$87,890

Linked jobs have a salary page.

Living in Montana

Largest city we cover
Billings
Cities we cover
2
Median age
41.3 years
State income tax
Up to 5.7%

Louisiana Purchase land and the Little Bighorn

The United States took most of the area from France in the Louisiana Purchase of 1803 and the rest by an 1846 treaty with Great Britain. The territory drawn in 1864 already had roughly the borders the state keeps today.

On June 25 and 26, 1876, Lakota, Cheyenne and Arapaho warriors fought the 7th Cavalry under Lt. Col. George Custer at the Little Bighorn. An Indian Memorial dedicated at the battlefield in 2003 honors all the tribes that took part.

Copper under Butte, smelters at Anaconda

Butte began as a mining camp after silver was found in 1872, but copper made its name. In the early 1900s the Butte and Anaconda district supplied nearly one third of the world's copper. Anaconda itself was laid out in 1883 as a company-owned town beside a smelter. The Anaconda Mining Company was sold to ARCO in 1977, and ARCO closed the Butte mines and the Anaconda smelter in the 1980s. The district is now a National Historic Landmark.

At Deer Lodge, the Grant-Kohrs Ranch was once headquarters of a cattle empire of 10 million acres; fur trader Johnny Grant built the front of its house in 1862.

Eighty glaciers in 1850, twenty-six in 2015

Around 1850, at the close of the Little Ice Age, about 80 glaciers lay in what became Glacier National Park. Aerial imagery from 2015 counted 26 named glaciers still large enough to qualify. Yellowstone, which became the first national park on March 1, 1872, reaches into Montana from Wyoming.

Light precipitation, heavy Great Falls snow

Between 1991 and 2020, Helena, Missoula, Billings and Great Falls each recorded only about 11 to 15 inches of precipitation a year. Annual snowfall averaged 66.1 inches at Great Falls, 57.4 at Billings, 43.0 at Missoula and 37.2 at Helena.

Sources: US Census Bureau; National Park Service; NOAA National Centers for Environmental Information.

Montana against the US

Census Bureau, ACS 2024

MeasureMontanaUS
Median household income$75,340$81,604
Median home value$425,400$360,600
Median rent paid$1,177$1,487
Households renting31.4%34.7%
Unemployment rate3%4.6%
Living below the poverty line10.2%12.2%
Adults with a bachelor's degree or higher36.3%36.9%
Median age41.3 years39.2 years
Average commute, one way19.5 minutes27.2 minutes
Working from home11.7%13.3%
Commuting by public transit0.8%3.7%

Questions people ask

What is the cost of living in Montana?

Prices in Montana are 5% below the US average (BEA Regional Price Parities, 2024). The statewide fair market rent for a 1-bedroom is $1,223 a month (HUD, FY2027), and everyday costs for one person come to about $1,384 a month.

Does Montana have a state income tax?

Yes. Montana's income tax rate is up to 5.7%. On a typical wage of $48,740, a single filer pays about $1,534 a year in state income tax.

How much do you need to earn to live in Montana?

A single person renting a 1-bedroom at the statewide fair market rent needs about $37,500 a year before tax to cover taxes, rent and everyday costs. The typical worker in Montana earns $48,740 and keeps $8,521 after those costs.

Where in Montana does a paycheck go furthest?

Of the Montana cities we cover, a typical worker keeps the most in Helena ($12,003 a year after taxes, rent and everyday costs) and the least in Billings ($9,310).

What jobs pay the most in Montana?

Among jobs with at least 1,000 workers, the highest median pay in Montana goes to Pharmacists ($142,080); Nurse Practitioners ($137,210); Computer and Information Systems Managers ($132,860) (BLS OEWS).

Sources and method

Everyday costs: BLS Consumer Expenditure Survey 2024 (one-person households) × CPI-U to August 2026 × BEA Regional Price Parities 2024. Taxes assume a single filer with the standard deduction and wage income only.

Data compiled October 13, 2026. How we calculate