Cost of Living in Glasgow, MT

Population 3,194 · Montana · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Glasgow can reasonably expect a home to cost less than three years of household income — $206,000 against $76,985 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 0.5% — below most comparable cities in the state.

Geographically, Glasgow lies roughly 190 miles northeast of the nearest major metro, Billings. Median home values run roughly 34% lower than Billings' $312,000.

Cost Overview

Housing 68
Rent 60

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

About the Cost of Living in Glasgow

The median home value in Glasgow is $206,000 — 32% below the national median of $305,000. Median rent runs $794/month, 40% lower than the national median of $1,314/month. The median household income of $76,985/year is 3% higher than the US median of $74,580. The local unemployment rate is 0.5%, 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 55.1°F and lows of 32.7°F, with about 40.7" of annual snowfall. Overall, Glasgow has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$206,000
32% below avg
Zillow Home Value
$156,717
Zillow ZHVI
Median Rent
$794/mo
40% below avg
Price-to-Rent Ratio
21.6x
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 71.0%
Renter-occupied 29.0%

💰 Estimated Monthly Budget

Rent median rent
$794
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,408/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
10.7 min
60% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.1%

Commute Mode

Drove alone
72.0%
Carpooled
11.4%
Public transit
1.8%
Walked
3.7%
Work from home
11.1%

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
$76,985
3% above avg
Per Capita Income
$34,439
Unemployment Rate
0.5%
90% below avg
Poverty Rate
13.3%
Labor Force Participation
67.6%

🎓 Education

Bachelor's degree+ 16.6%
Graduate degree 2.9%

👥 Demographics

Median Age 42.8
Male median age 42.2
Female median age 44

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.1°F
Avg Low
32.7°F
Annual Precip
13.4"
Annual Snowfall
40.7"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 242842576876868573574027
Low °F 6921334353595747342110
Precip" 0.440.350.471.012.222.831.951.271.060.920.490.43
Snow" 9.86.25.62.50.90.00.00.00.01.55.98.3

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
12.8:1
Student-teacher ratio
3
Public schools
806
Total enrollment

Frequently Asked Questions

What is the cost of living in Glasgow, MT?

Glasgow has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Glasgow, MT?

The median gross rent in Glasgow is $794 per month based on 2023 Census data.

What is the average home price in Glasgow?

The median home value in Glasgow is $206,000 according to Zillow and Census data.

What is the median income in Glasgow?

The median household income in Glasgow is $76,985 per year (2023 ACS 5-year estimates).

What is the sales tax in Glasgow, MT?

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

Is Glasgow, MT affordable?

Yes, Glasgow is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

What is the weather like in Glasgow?

Glasgow has average high temperatures of 55.1°F and average lows of 32.7°F. Annual precipitation is 13.4". Average annual snowfall is 40.7". Data from NOAA 1991–2020 Climate Normals.

Glasgow at a Glance

Population
3,194
Median Income
$76,985
Home Value
$206,000
Median Rent
$794/mo
Unemployment
0.5%
Avg High Temp
55.1°F
Sales Tax
0.0%
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