Montana Cost Of Living

We're all aware that Montana isn't a cheap place to live, however, new information breaks down just how far your money goes here in Big Sky Country.

With the high housing costs, gas, groceries, utilities, and everything else we use daily, it may seem like your money doesn't go as far as it once did. Turns out, you're not wrong. We are paying more for things these days, and our buying power has decreased.

8 Weird, Wild, And Wacky Facts About Montana

Living in Big Sky Country can be a real adventure and there's a reason they call it "The Last Best Place". From strange laws to other interesting facts about the 41st state, one thing's for sure. There's no place like Montana.

Gallery Credit: Derek Wolf

How far will 100 thousand dollars go in Montana?

While Montana isn't at the bottom of the list, we're also not at the top. According to the research, Montana is ranked 21st out of the 50 states. What does that mean? Well, the data suggests that 100 thousand dollars in Montana is more like 83 thousand dollars in purchasing power.

If you're wondering what factors into those numbers, you're not alone. I was curious about the math used to come up with the figures, and according to the research, it seems that Federal and State taxes along with each state's cost of living are what was used to determine the final amount.

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For those looking to live in places where your money goes farther, but don't want to live in the region, North Dakota, South Dakota, and Wyoming were all ranked ahead of Montana.

Montana's 7 Poorest Cities Ranked

For many Montanans, it's a struggle to make ends meet. With the high cost of housing, several locals have found themselves between a rock and a hard place when it comes to just getting by. Throw in the fact that prices are on the rise in almost every aspect of our lives and it's not too hard to see why so many Montanans are frustrated and are looking to leave The Treasure State.. Let's take a look at the state's 7 poorest cities according to Stacker.

Gallery Credit: Derek Wolf

Ten Best Towns To Raise A Family In Montana

Montana is a great place for those looking to raise a family. So which towns are the best? According to the folks at Niche, some Montana towns stand out a little more than others when it comes to the best places to start and raise a family in The Treasure State.

Gallery Credit: Derek Wolf