Cost of Living in Thompson falls, MT
Housing
The housing market plays a significant role in determining the cost of living in Thompson falls, MT.
- Housing Index: 90.0 / 100
- Median Home Price is: $211,000
- Average Rent (2 BR Apartment): $1300 per month
- Average Rent (2 BR House): $1440 per month
When considering a move to Thompson falls, MT, the housing index stands at an affordable 90.0, indicating a relatively low cost of living in comparison to other areas. The median home price is 211000, making homeownership within reach for many potential buyers. Additionally, the average rent for a 2-bedroom apartment is 1300, and for a 2-bedroom house, it's 1440. Analyzing these figures shows that Thompson falls is an attractive option for both renters and buyers, benefiting from a balanced market that promotes stability and growth.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thompson falls, MT.
- Electricity Price: $13.58 USD (median by state)
- Natural Gas Price: $8.31 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Thompson falls, MT could entail higher utility costs. Electricity costs sit at $13.58, while natural gas is priced at $8.31 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Thompson falls is a financially viable option for your relocation.