Revealing The 15 Actually Cheapest Places To Live In Montana
Where is the cheapest place to live in Montana?
Both the price of purchasing a home and renting a place have gone up tremendously in the past few year with wages not keeping up with the cost.
Thankfully though there are still a few places in Montana that you could consider the cost of living to be "cheap"
If you want "cheap" you are going to have to look outside the major "cities" in Montana, and focus on the smaller communities.
The nice thing is most of the places on this list aren't too far away from the big cities, allowing you to travel there for the day if need be.
How do you find the cheapest place to live in Montana?
Thankfully the website Upgraded Home did the work for us.
When it comes to figuring if you can afford to live somewhere there are two factors
- How much money do I bring in?
- How much will it cost me to live there?
From there they used the following 3 metrics to determine the 15 cheapest places to live in Montana
- Median Household Income / Median Household Income (lower is better)
- Median Rent / Median Income (Higher is better)
- Home Values
So using that data and only looking at towns that had residents totaling over 1,000 here are the 15 cheapest places to live in Montana.