Cost of Living in Stevensville, MT
Housing
The housing market plays a significant role in determining the cost of living in Stevensville, MT.
- Housing Index: 102 / 100
- Median Home Price is: $280,000
- Average Rent (2 BR Apartment): $1535 per month
- Average Rent (2 BR House): $1668 per month
In evaluating the housing market in Stevensville, MT, the housing index of 102 indicates a relatively affordable environment. With a median home price of 280000, the area presents diverse home ownership opportunities for buyers. Concurrently, the average rent for a 2-bedroom apartment is 1535, while a 2-bedroom house averages 1668. These factors suggest that both renting and purchasing are viable options here, appealing to a broad range of residents. Additionally, with national trends indicating a rise in home prices, now may be an opportune time to consider investing.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stevensville, 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 Stevensville, 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 Stevensville is a financially viable option for your relocation.