Montana Makes List For Most Expensive States To Buy A Home

If you live in Montana with dreams of one day becoming a homeowner, you might want to figure out a way to ask the boss for a raise.

New information that was released listed how much you need to buy a home in each state, and what won't come as a surprise to many, Montana is one of the most expensive places in America.

The folks over at Montana For Limited Government released some data on one of their social media sites that broke down the salary needed in each state to afford a home, and not only is Montana one of the most expensive states to buy a home, but it made the Top 10 as far as salary needed.

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Before we break down the numbers, let's check out the safest towns in Montana.

How much do you need to make a year to buy a home in Montana?

So, what do you need to make a year to afford a home in Montana? 80 grand? 100? 120? 150??? Try 177 thousand dollars a year. Yep, that is the salary that is required for you to be able to afford a home here in Big Sky Country.

So how does that compare to the other states? Well, I can tell you this, according to the data, the only state in the entire western part of the U.S. where a higher yearly income is required is....you guessed, California.

Here's something else to know, other than California, there are only three other states that require more of a yearly income to purchase a home. Hawaii, New York, and Massachusetts.

So, Montana is ranked 5th out of the 50 states.

Of course, this might not be the type of news you wanted to hear, but it is a reminder of just how crazy things have become in the Treasure State in the last 10 years or so. While the brunt of the blame directed towards Californians, the truth is, there seems to be plenty of blame to go around, including political leaders, as well as locals cashing in and selling their homes for outrageous prices.