Cost of Living in Helena, MT

Housing

The housing market plays a significant role in determining the cost of living in Helena, MT.

• Housing Index: 105.0 / 100
• Median Home Price is: $278000
• Average Rent (2 BR Apartment): $1400 per month
• Average Rent (2 BR House): $1456 per month

Considering a move to Helena, MT? With a housing index of 105.0, it indicates a moderately priced market compared to the national average. The median home price stands at 278000, providing a viable option for buyers looking to settle down. Renters can expect to pay an average of 1400 for a 2-bedroom apartment or 1456 for a house. Keep in mind, the cost of living and quality of life in the area can largely impact your decision. Research local amenities, schools, and employment opportunities to make a well-informed choice.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Helena, 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 Helena, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 102.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $64798

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Helena, MT, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.