Cost of Living in Missoula, MT
Housing
The housing market plays a significant role in determining the cost of living in Missoula, MT.
- Housing Index: 102 / 100
- Median Home Price is: $345,000
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1576 per month
Considering a move to Missoula, MT? The housing index is 115.0, indicating higher living costs compared to the national average, which could influence your budget and overall financial planning. With a median home price of 345000 and average rent for a 2-bedroom apartment at 1450 and a house at 1576, it's crucial to weigh both buying and renting options carefully. Keep in mind that housing prices can vary significantly based on neighborhood desirability and local amenities. Analyze your priorities to make an informed decision before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Missoula, 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 Missoula, 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 Missoula is a financially viable option for your relocation.