Bigfork cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBigforkMontanaNational
Cost of living index11098100
IndexBigforkMontanaNational
Goods & Services index95101100
Groceries index92101100
Health care index114106100
Housing index14897100
Transportation index9394100
Utilities index8186100
Here we can see a simple outline of the cost of living in Bigfork, MT. As you can see, with the average cost of living in Bigfork, MT being 110, that puts it 12% higher than the average of Montana and 10% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Bigfork, MT, the price of goods and services are 6% lower than the average of Montana as well as 5% lower than the nation's average.

Did you know?

  • The cost of living in Bigfork is 12% higher than the Montana average.
  • The cost of living in Bigfork is 10% higher than the national average.
  • The cost of housing in Bigfork is 48% higher than the national average.
  • Montana general sales tax is 100% lower than the national average.
  • Montana state income tax is 55% lower than the national average.

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Compare Bigfork, MT Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current income in Bigfork, MT to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Bigfork, MT, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Bigfork, MT salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$61,380$5,115$1,432$1,842
Renters$26,773$2,231$625$803
If you want to find a good determining factor for the cost of living and the general affordability of housing in Bigfork, MT, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Bigfork, MT, the median monthly income is $61,380 for those who own their own homes. Under the standard rule, that income level would allow for $1,432 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,773, per the median income in the area. That would allow for renters to spend up to $625 on monthly rental expenses.

Montana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Montana0%0%

Montana Income Tax

StateIncome Tax (Low)Income Tax (High)
Montana1%6.9%
When considering the overall cost of living expenses in Bigfork, MT, it's important to take into account the sales tax for Montana, as well as the rate for income tax in Montana. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Montana is 0%, and the sales tax in the state of Montana is 0%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Montana starts from 1% and goes up to 6.9%.

Goods & Services

ItemBigforkNational avg.Difference
Haircut $14.60$14.590.0%
Beauty Salon $35.00$34.680.9%
Toothpaste $2.96$2.4719.7%
Shampoo $1.25$1.0222.3%
Movie $10.50$9.876.4%
Bowling $4.64$4.395.7%

Groceries

ItemBigforkNational avg.Difference
Ground Beef $4.08$4.488.9%
Fried Chicken $1.40$1.464.4%
Milk $2.02$2.3614.3%
Potatoes $1.62$3.0647.1%
Pizza $9.37$9.241.4%
Beer $9.44$8.639.3%

Health Care

ItemBigforkNational avg.Difference
Optometrist $122.74$99.7823.0%
Doctor $136.86$105.0330.3%
Dentist $96.20$88.708.5%
Ibuprofen $10.00$9.416.2%
Lipitor $311.32$298.504.3%

Housing

ItemBigforkNational avg.Difference
Home Price $322,400.00$175,700.0083.5%
Avg. Mortgage Payment $971.74$1,081.0310.1%
Apartment Rent $587.00$920.0036.2%

Transportation

ItemBigforkNational avg.Difference
Gasoline $1.73$2.0917.1%
Tire Balancing $55.33$45.2922.2%

Utilities

ItemBigforkNational avg.Difference
All Electricity$141.93$170.8016.9%
Phone $22.01$28.2622.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Evergreen, MT6,71191-9%
Kalispell, MT20,62995-5%
Somers, MT1,2481033%
Helena Flats, MT9881077%
Woods Bay, MT5781055%
Bigfork, MT4,37511010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Los Chaves, NM4,37592-8%
Cortland, IL4,37597-3%
Archbold, OH4,37491-9%
Leland, MS4,37380-20%
Viroqua, WI4,37893-7%
Bigfork, MT4,37511010%
Source: The Bigfork, MT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.