Housing costs in Olney?
A typical home costs
$476,800, which is 41.0% more expensive than the national average of
$338,100 and 7.9% more expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Olney costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 28.8% more than the state average of
$990.
Can I afford Olney?
To live comfortably in Olney, Montana, a minimum annual income of
$91,440 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Olney?
The cost of living in Olney, MT is relatively low compared to other areas in the United States. According to BestPlaces, the cost of living index for Olney is 79.6, which means it is 20.4 percent cheaper than the national average. This makes it an attractive destination for people looking to live somewhere that won't break their budget. Additionally, the median home price in Olney is $93,800, and groceries are 5 percent cheaper than the U.S. average. Other expenses such as transportation are also quite affordable at 4 percent below the national average while health care costs are slightly above at 101.6 on the cost of living index. All these factors make Olney an ideal place for those looking to move to a smaller town with a lower cost of living without sacrificing quality of life or amenities.