Question: How much do you need to make to live comfortably in Montana?

What is a comfortable living wage in Montana?

Living Wage Calculation for Missoula County, Montana1 ADULT2 ADULTS (BOTH WORKING)0 Children2 ChildrenLiving Wage$14.46$21.07Poverty Wage$6.13$6.30Minimum Wage$8.65$8.65

What is a liveable wage in Montana?

According to the Living Wage Calculator, a living wage for a single adult in Missoula County stands at $11.48 an hour. For an adult with a child its $24.56. The Montana Department of Commerce sets $18.99 as a living wage in Missoula, at least when it comes to applying for certain business grants through the state.

Is Montana expensive to live there?

An amount below 100 means Montana is cheaper than the US average. A cost of living index above 100 means Montana, Montana is more expensive .Montana cost of living is 94.0.COST OF LIVINGMontanaUnited StatesGrocery99.6100Health100.2100Housing100.4100Median Home Cost$232,100$231,2004 more rows

What is the average rent in Montana?

Although two-thirds of Montanas residents are homeowners, rentals in the state offer some premium deals. A 2019 report from Apartment List shows the median studio rent in the state is $554. That comes out to $277 less than the national mark.

Why is housing so expensive in Montana?

Houses are expensive in Bozeman because of the low availability of land ⇓, high cost of land ⇑, high cost of labor ⇑, high cost of building materials ⇑, limited supply of homes for sale ⇓.

Is it hard to find work in Montana?

Montanas unemployment rate is low at 3.9 percent and even lower in Montanas metro areas, like Missoula at 3 percent and Billings at 3.1 percent. Given these data, it is not surprising that Montanas employers report they are having a hard time finding skilled workers.

Who is the largest employer in Montana?

Black Feet Tribe State Profile: Largest Employers#EmployerNumber of Employees1Black Feet Tribe4,0002Billings Clinic Employee3,5003Billings Clinic Lab3,5004Billings Clinic3,35022 more rows

Is 75k a good salary 2020?

Given this, a good salary would be $75,000. It is higher than the national average and hovers around the average salary for the four most expensive states in the nation. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.

Is it cheaper to live in Texas or Montana?

Texas is 3.8% cheaper than Montana.

Why is land so cheap in Montana?

Land is Very Inexpensive to Own as an Investment – When you buy a piece of land for the right price, there are no mortgage payments to make, no utility bills to pay, and property taxes are extremely cheap in Montana. Many of the properties you can buy are less than the price of a new pickup.

What are 3 major industries in Montana?

Montanas economy is dominated by the primary sector—agriculture, forestry, mining, and energy production—and by services. About one-third of the states workforce is employed in the service sector. The outdoor recreation industry has become important, and some high-technology industries have come to the state.

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