Cost of Living in Malta, MT
Housing
The housing market plays a significant role in determining the cost of living in Malta, MT.
- Housing Index: 102 / 100
- Median Home Price is: $229,000
- Average Rent (2 BR Apartment): $1535 per month
- Average Rent (2 BR House): $1668 per month
Considering a move to Malta, MT? The housing index is at 102, suggesting that living costs may be higher than the national average. With a median home price of 229000, purchasing property here might be more challenging for first-time buyers. Additionally, average rents of 1535 for 2BR apartments and 1668 for 2BR houses indicate a moderately priced rental market. It's important to weigh these figures against your budget and lifestyle preferences, as economic factors can shape long-term investment potential in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Malta, MT.
- Electricity Price: $13.58 USD (median by state)
- Natural Gas Price: $8.31 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $233 per month
Living in Malta, MT could entail higher utility costs. Electricity costs sit at $13.58, while natural gas is priced at $8.31 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $233 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Malta is a financially viable option for your relocation.