Cost of Living in Shepherd, MT
Housing
The housing market plays a significant role in determining the cost of living in Shepherd, MT.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Shepherd, MT, the housing index stands at 0.0, which indicates current market conditions. The median home price is set at 200000, suggesting a potential for affordability for home buyers. However, with no available data for average rents of 2-bedroom apartments and houses, it raises concerns about rental market dynamics. This absence of rent data could indicate either a lack of listings or a very stable rental market. Anticipate further analysis on local amenities, job markets, and community features to make an informed decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shepherd, 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.): Data is updating
Living in Shepherd, 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 data unavailable 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 Shepherd is a financially viable option for your relocation.