Cost of Living in Butte-Silver Bow (balance), MT

Population 34,929 · Montana · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Butte-Silver Bow (balance)'s cost indicators track within a reasonable band of national figures, with median household incomes near $57,633 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Located 200 miles west of Billings, Butte-Silver Bow (balance) is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 28% lower than Billings' $312,000.

Cost Overview

Housing 74
Rent 61

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Butte-Silver Bow (balance)

The median home value in Butte-Silver Bow (balance) is $225,100 — 26% below the national median of $305,000. Median rent runs $808/month, 39% lower than the national median of $1,314/month. The median household income of $57,633/year is 23% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Montana's top state income tax rate is 6.8% and the combined sales tax is 0.0%. The climate averages highs of 54.0°F and lows of 26.2°F. Overall, Butte-Silver Bow (balance) has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$225,100
26% below avg
Median Rent
$808/mo
39% below avg
Price-to-Rent Ratio
23.2x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$930
1 BR
$1,018
2 BR
$1,266
3 BR
$1,671
4 BR
$1,925
Owner-occupied 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$808
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,422/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.7 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.2%

Commute Mode

Drove alone
77.2%
Carpooled
10.6%
Public transit
0.9%
Walked
2.7%
Bicycle
0.0%
Work from home
7.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.8%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$57,633
23% below avg
Per Capita Income
$34,909
Unemployment Rate
4.3%
11% below avg
Poverty Rate
16.1%
Labor Force Participation
58.3%

🎓 Education

Bachelor's degree+ 18.2%
Graduate degree 9.6%

👥 Demographics

Median Age 40.2
Male median age 38.3
Female median age 41.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.0°F
Avg Low
26.2°F
Annual Precip
12.8"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323544516170818069544031
Low °F 8101926344146443727167
Precip" 0.420.430.641.332.022.451.201.281.070.840.600.48

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
73.4%
Good air days/yr
124
Max AQI recorded
331
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Butte-Silver Bow (balance), MT?

Butte-Silver Bow (balance) has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Butte-Silver Bow (balance), MT?

The median gross rent in Butte-Silver Bow (balance) is $808 per month based on 2023 Census data.

What is the average home price in Butte-Silver Bow (balance)?

The median home value in Butte-Silver Bow (balance) is $225,100 according to 2023 Census ACS data.

What is the median income in Butte-Silver Bow (balance)?

The median household income in Butte-Silver Bow (balance) is $57,633 per year (2023 ACS 5-year estimates).

What is the sales tax in Butte-Silver Bow (balance), MT?

The combined state and local sales tax rate in Butte-Silver Bow (balance) is 0.0%. The Montana state income tax top rate is 6.8%.

Is Butte-Silver Bow (balance), MT affordable?

Yes, Butte-Silver Bow (balance) is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Butte-Silver Bow (balance)?

Butte-Silver Bow (balance) has average high temperatures of 54.0°F and average lows of 26.2°F. Annual precipitation is 12.8". Data from NOAA 1991–2020 Climate Normals.

Butte-Silver Bow (balance) at a Glance

Population
34,929
Median Income
$57,633
Home Value
$225,100
Median Rent
$808/mo
Unemployment
4.3%
Avg High Temp
54.0°F
Sales Tax
0.0%
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