Cost of Living in Butte, MT
Housing
The housing market plays a significant role in determining the cost of living in Butte, MT.
- Housing Index: 88.0 / 100
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1285 per month
Considering the data for Butte, MT, the housing index of 88.0 indicates an affordable cost of living in comparison to the national average. The median home price of 205000 may attract first-time homebuyers, especially when housing supply remains relatively stable. Additionally, the average rents for a 2-bedroom apartment at 1200 and a house at 1285 offer further options for families and individuals. Overall, Butte appears to be a viable choice for those seeking affordability and a balanced lifestyle in a promising location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Butte, 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 Butte, 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 Butte is a financially viable option for your relocation.