Cost of Living in Dillon, MT

Population 4,020 · Montana · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Dillon a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $238,000.

Dillon lies roughly 200 miles west of the nearest major metro, Billings — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than Billings' $312,000.

Cost Overview

Housing 78
Rent 62

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

About the Cost of Living in Dillon

The median home value in Dillon is $237,500 — 22% below the national median of $305,000. Median rent runs $821/month, 38% lower than the national median of $1,314/month. The median household income of $51,458/year is 31% lower than the US median of $74,580. The local unemployment rate is 4.2%, 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 54.7°F and lows of 28.9°F. Overall, Dillon has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$237,500
22% below avg
Zillow Home Value
$632,927
Zillow ZHVI
Median Rent
$821/mo
38% below avg
Price-to-Rent Ratio
24.1x
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 54.8%
Renter-occupied 45.2%

💰 Estimated Monthly Budget

Rent median rent
$821
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,435/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
16.1 min
40% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.7%

Commute Mode

Drove alone
79.8%
Carpooled
7.5%
Public transit
2.3%
Walked
3.9%
Bicycle
0.3%
Work from home
1.7%

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
$51,458
31% below avg
Per Capita Income
$30,032
Unemployment Rate
4.2%
13% below avg
Poverty Rate
16.5%
Labor Force Participation
61.2%

🎓 Education

Bachelor's degree+ 22.5%
Graduate degree 10.4%

👥 Demographics

Median Age 30.7
Male median age 30.8
Female median age 29.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.7°F
Avg Low
28.9°F
Annual Precip
9.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323545536271828170554131
Low °F 131421283642484639291912
Precip" 0.200.240.521.181.761.910.890.870.910.720.370.26

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 13 — Good
96.1%
Good air days/yr
124
Max AQI recorded
358
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
16.6:1
Student-teacher ratio
4
Public schools
1,076
Total enrollment

Frequently Asked Questions

What is the cost of living in Dillon, MT?

Dillon has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Dillon, MT?

The median gross rent in Dillon is $821 per month based on 2023 Census data.

What is the average home price in Dillon?

The median home value in Dillon is $237,500 according to Zillow and Census data.

What is the median income in Dillon?

The median household income in Dillon is $51,458 per year (2023 ACS 5-year estimates).

What is the sales tax in Dillon, MT?

The combined state and local sales tax rate in Dillon is 0.0%. The Montana state income tax top rate is 6.8%.

Is Dillon, MT affordable?

Yes, Dillon is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Dillon?

Dillon has average high temperatures of 54.7°F and average lows of 28.9°F. Annual precipitation is 9.8". Data from NOAA 1991–2020 Climate Normals.

Dillon at a Glance

Population
4,020
Median Income
$51,458
Home Value
$237,500
Median Rent
$821/mo
Unemployment
4.2%
Avg High Temp
54.7°F
Sales Tax
0.0%
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