Housing costs in Missoula?
A typical home costs
$531,200, which is 57.1% more expensive than the national average of
$338,100 and 20.2% more expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Missoula costs
$1,230 per month, which is 24.2% more than the national average of
$990 and 8.9% more than the state average of
$1,120.
Can I afford Missoula?
To live comfortably in Missoula (zip 59803), Montana, a minimum annual income of
$101,880 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Missoula?
The cost of living in Missoula, MT is quite reasonable compared to other cities in the United States. According to BestPlaces, the cost of living index for Missoula is 85.7, which is 15.3% lower than the U.S. average of 100. Housing costs especially are very affordable with a median home value of $252,248 and a median rent price of $1,109 per month. Transportation costs are also relatively low with an average commute time of 14 minutes and gas prices that are typically 6-10% below the national average. Overall, Missoula offers an excellent quality of life at an affordable price point and is a great choice for anyone looking for a new city to call home.