CostByCity

Cost of Living in Great Falls, MT

2024 data from the Bureau of Economic Analysis

Cost Index
96.8
3.2% below avg
Housing Index
97.1
Median Income
$61,351
Median Rent
$866/mo

Cost Breakdown

Overall96.8 (-3.2%)
Housing97.1 (-2.9%)
Goods96.0 (-4.0%)
Utilities73.0 (-27.0%)
Other Services98.7 (-1.3%)

National average = 100

Income & Housing

Median Household Income
$61,351/year
Median Home Value
$227,600
Median Monthly Rent
$866/mo
Per Capita Income
$34,481/year

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Frequently Asked Questions

Is Great Falls, MT expensive to live in?
Great Falls, MT has a cost of living index of 96.8, which is 3.2% below the national average.
How much does housing cost in Great Falls, MT?
Housing costs in Great Falls, MT are indexed at 97.1 compared to the national average of 100. The median monthly rent is $866.
What is the average income in Great Falls, MT?
The median household income in Great Falls, MT is $61,351 per year.
What is the average home price in Great Falls, MT?
The median home value in Great Falls, MT is $227,600.