This means that the cost of living in Hawaii is 96.3% higher than the U.S. average. Montana does have a state income tax maximum of 6.9%. (700 sq ft apartment), Domestic/local beer One great way to help make a positive impact to the world is devoting your time and energy into your lawn. For example, if the cost of living is 90, then it is 10% lower than average. State: Annual Mean Wage (All Occupations) Median Monthly Rent: Value of a Dollar: Alabama: $44,930: $998: $1.15: Alaska: $59,290: $1,748: $0.95: Arizona: $50,930: $1,356 Your email address (optional): Your comment (no … Hawaii's housing index is 336.3, where a two-bedroom costs about $1,895 per month, and the median home value is about $660,000. Ranking based on data from the U.S. Census and BLS. To calculate the most affordable cities in Montana, the cost of living index for each city was calculated, then compared to the national average of 100. Arty, cultural, natural, Missoula has universal appeal. The state with the highest cost of living index is Hawaii, whose index is 196.3. Miles City, MT. (1 gallon), New Volkswagen Golf 1.4 (standard edition), Taxi trip in downtown area The Bayou state is the 6th best state for retiring on a budget. If you lived in Montana instead of Alaska, you would: The statistics used to build this comparison are calculated using data from users just like you. This city in the west of Montana is … The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. Major cities, like New York City, have a higher cost of living than smaller cities, like Albany. The tool helps individuals, communities, and employers determine a local wage rate that allows residents to meet minimum standards of living. Some forums can only be seen by registered members. 100 = US Average. (2021-02-26 salary.com) Rent vs Buy: Renting could be the better choice for a lower cost of living. (1 lb), Potatoes Places like Anchorage and Fairbanks provide all the conveniences of large cities, but without the congestion and hassles. Being that Montana is one of the most sparsely populated states in the U.S., it should come as no surprise that its housing market isn’t especially strong. In these examples, you can measure urban areas against other urban areas. Accommodation Costs in Alaska. Listed above are the most affordable places to live in Montana with a population of more than 5,000 people. On the flip side, Hawaii is 195.8, which means it’s nearly double the national average. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Taxi trip on a business day, basic tariff, 8 km. These cities have the lowest cost of living in all of Montana. 1. If the cost of living is 110, then it is 10% higher than average. If people are willing and able to move they can relocate to take the jobs that are best suited to their skill sets. T he cost of living in many cities throughout Alaska is affordable and is significantly less expensive than San Francisco, Honolulu, Manhattan and a handful of other U.S. cities. Plentywood, MT. There are 16 cities with higher costs of living than the first city in Alaska on the list, Juneau. - Median Home Cost is 8% cheaper in Missoula. Gain insight into what this state's salary ranges are, how they rank against others and how wages vary for each city in the state. Signing in allows you to ask questions in our community, contribute to our cost of living database, and more. In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. oz), Local cheese Enter your yearly salary. (8 oz), Milk These expenses in Washington D.C. are also higher due to its overall population density as compared to that of states. Luckily, there are still some cities in Montana that qualify as affordable. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. That means a state like Mississippi with a 84.78 average CoLI is under the average the national average. According to NeighborhoodScout, the state median home value is $265,385. Living in Helena, MT. Places like Anchorage and Fairbanks provide all the conveniences of large cities, but without the congestion and hassles. (1 lb), Bananas The cost of living in Montana is lower than the national average. (1 lb), Onions Economists consider mobility to be a good thing. We average the price of thousands of data points entered by users across the world. Mesa, AZ. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. Cost of Living. And, if you're considering two opportunities in different cities, our city comparison tool will allow you to judge the data on a single web page. Cost of living in Alaska (US) compared to Montana (US). Internet. - Overall, Missoula, Montana is 15.5% cheaper than Anchorage, Alaska - Median Home Cost is the biggest factor in the cost of living difference. When it comes to this area of the United States, one of the first things that comes to mind is its unique and beautifully diverse landscape. FAQ About Living in or Moving to Alaska. Commutes can be shorter, so you don't need to burn a lot of gas. oz), Bottle of water We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Cost of Living in Palmer, Alaska: 43.06 miles: Cost of Living in Seward, Alaska: 125.55 miles: This page in other languages: Deutsch Lebenshaltungskosten in Anchorage Português Custo de Vida em Anchorage Italiano Costo della Vita a Anchorage Français Coût de la Vie à Anchorage Español Costo de Vida en Anchorage . Anchorage, Alaska’s cost of living is 28% higher than the national average. The lower ticket items are transportation (98) and utilities … Those numbers make Alaska — for the second straight year — the country’s sixth-worst state if you want your paycheck to stretch far. The sales tax is 0.00%. A two bedroom house in Juneau cost $394,909 in 2017, while it was $383,830 in Anchorage. In that category, Iowans pay nearly 20% less than Americans in general. March 2021. These prices were last updated on March 14, 2021.   The average monthly lease amount for a one-bedroom apartment in Alaska's … In general, homes cost a little more in Alaska than the rest of the U.S. Alaska, the largest US state in landmass, offers a wide variety of living options with varying costs. Alaska Economic Trends is a monthly magazine that covers a broad range of economic issues. We will place both states on top of each other on the same map in order to show you their relative size. Billings, Montana. Assisted living costs near you may vary depending on the size of the facility and its location. Renters typically pay around $1,030 a month; however, this figure does tend to vary throughout the state. If you want to experience Alaska without breaking the bank, where you stay is one factor where you can save a lot of money. The consumer price index (CPI) of 225 in Montana is 8.16% lower than the U.S. city average CPI of 245. Click here to customize.) Assisted living costs by state will vary quite a lot, with the nationwide average cost of assisted living at $4,050 per month. Cost of Living Comparison Calculator. Average cost of living (per month) $1,501.29: Rent (1-bed apartment) $851.38: Utilities: $161.49: Internet: $71.76: Gas: $133.62: Food: $283.04: Average cost of living (per month) Rent (1-bed apartment) Utilities. The universities are expanding as well. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). … Full version Hawaii's housing index is 336.3, where a two-bedroom costs about $1,895 per month, and the median home value is about $660,000. (1 gallon), Boneless chicken breast We developed a living wage calculator to estimate the cost of living in your community or region based on typical expenses. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. The state's best offerings are free And that’s not all. The affordable cost of housing drags the overall cost of living down 8.7% below the national average. While it may not be as warm as other states in the top 10, Indiana still has a lot to offer retirees. There's always oil work in eastern Montana too… A big issue is the cost of living. The cost of living index is based on a national average of 100. 4 JULY 2019 ALASKA ECONOMIC TRENDS 2018 and early 2019 The Cost of Living By NEAL FRIED 2Medical, Energy Rise Most U Ý» , ã ¦ÊÙù, 2017-18 1Prices Jumped 3% in 2018 U Ý» , Ù½ , 2007-18 Source: U.S. Department of Labor, Bureau of Labor Sta s cs, Consumer The cost of living in Iowa is cheaper in every category, but they all come within 9 percentage points of the average — except for housing. While not high relative to the coasts. State size comparison. Click here to sign up for a free electronic subscription. The least expensive areas were the Midwest and Southern states. There are 14 states where living costs are more expensive than the U.S. National average. The state with the highest cost of living index is Hawaii, whose index is 196.3. Billings, Montana has an indexed Cost of Living of 107 (100 is the average cost of living in the United States) or about 7 percent higher than average. The state's cost of living is higher than the national average and you'll pay a little more for health care and transportation than residents in other states do. Glendive, MT. This means that if you work in Montana, your paycheck will be subject to both state and federal income taxes. Cheap housing, low monthly housing costs, and a favorable cost of living push Indiana ahead of its neighbors. Using science and data, AreaVibes has compiled a list of the most affordable places to live in Montana. Anchorage, Alaska’s cost of living is 28% higher than the national average. The average salary in Billings, Montana is $27,749 per capita and $48,074 per household. Migration … Gas. Read: 27 Genius Things Retirees Should Do With Their Money … (1 lb), Oranges Anything you can do to save on that – will significantly lower the cost of your trip to Alaska. For the past 16 quarters, Missouri has been in the top 10 for lowest cost of living in the nation. Torn between where to move next? … The state of New Jersey has the highest number in the nation by 12.26%. (Anchorage, Fairbanks, Wasilla: camping, place to live, to move) User Name: Remember Me: Password : Please register to participate in our discussions with 2 million other members - it's free and quick! According to Albany Oregon lawn care service, this is a great time to start taking care of your lawn more often since you are mostly at home; you get to supervise and monitor all of the new plants growing and see everything that is going on in your garden. Find out how expensive cost of living is in Montana, United States. That means that on average, residents of Nebraska pay 88.5 percent of the nation's average cost of living. As a matter of fact, almost 56% of the homes in the state fall between $118,674 and $356,480, according to NeighborhoodScout. MERIC derives the cost of living index for each state by averaging the indices of … Cost of living in California (US) compared to Alaska (US). In addition to delicious food, Louisiana retirees can expect low costs of living, affordable homes, and lower healthcare costs. Montana vs. Wyoming The Cost of Living will break down everything you need to know if you are thinking about moving to Montana or Wyoming. 2020 Counties with the Lowest Cost of Living in Montana - Niche Get state of Texas salaries and comparisons with the national average. (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. To offset these higher costs … The median home value is around $168,300 with the average household income coming in at around $45,775. Missouri had the 5th lowest cost of living in the United States for 2020. The state's best offerings are free And that’s not all. It is difficult to have a clear picture of the full state’s cost of living without looking at the rural areas as well. Regional Guide: The Northwest Cost of Living Breakdown. Some of the bigger cities have higher median values, as Anchorage and Juneau stand at $303,601 and $364,295, respectively.Perhaps the most disturbing trend regarding the Alaskan home … (1 lb), Tomatoes $8-$10/hour is pretty standard. Our city profile reports are created to help you make an educated decision of where to live that fits your quality-of-life desires. Compare cost of living in Bozeman with factors like salaries, housing expenses, groceries, utilities and more. The state of Iowa has the lowest cost of living in the United States by 10.31%. Billings, Montana is the largest town in the state with 109,059 in 2013. 2. Medicare Advantage Monthly Cost: $41.98 Cost Of Living: $47,975. Alaska. These cities have the lowest cost of living in all of Montana. Cost of living in Billings, Montana (United States) is 19% cheaper than in Anchorage, Alaska (United States) For example, to keep the same standard of living that would require $5,600 in Anchorage, Alaska you would need to make just about $4,534 in Billings, Montana. Compare the cost of living in Anchorage, AK vs. Seattle, WA and see how far your salary will go to maintain your standard of living. Cost of Living Comparison Between Anchorage, AK and Portland, OR You would need around 5,148.60$ in Portland, OR to maintain the same standard of life that you can have with 5,300.00 $ in Anchorage, AK (assuming you rent in both cities). According to the most recent Census, 93% of Helena residents are White, 3% American Indian and Alaskan and 1% Black. Our compare cities tool …
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