Housing costs in Libby?
A typical home costs
$323,900, which is 4.2% less expensive than the national average of
$338,100 and 26.7% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Libby costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 20.7% cheaper than the state average of
$990.
Can I afford Libby?
To live comfortably in Libby (zip 59923), Montana, a minimum annual income of
$61,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Libby?
59923 Libby, MT has a cost of living that is substantially lower than the national average. Despite being in close proximity to recreational activities and amenities in the surrounding area, prices of goods and services in Libby remain low. The median home value is significantly lower than other parts of the country, with most homes costing between $120,000-$200,000. The cost of groceries and other necessities is generally lower than in more urban areas, making it an attractive option for those seeking a more affordable lifestyle. Additionally, since Libby is situated close to a number of outdoor attractions that can be enjoyed year-round, locals can take advantage of their proximity to nature without spending too much on entertainment or travel expenses.