| Index | Butte-Silver Bow | Montana | National |
| Cost of living | 96 | 102 | 100 |
| Groceries | 104 | 103 | 100 |
| Health care | 101 | 102 | 100 |
| Housing | 83 | 101 | 100 |
| Transportation | 98 | 100 | 100 |
| Utilities | 106 | 104 | 100 |
| Lifestyle & Entertainment | 98 | 100 | 100 |
| Household Items | 103 | 100 | 100 |
| Education & Childcare | 104 | 102 | 100 |
The cost of living in Butte-Silver Bow affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Butte-Silver Bow is 96, which is 4% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
The cost of living in Butte-Silver Bow closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Butte-Silver Bow can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Wondering if Butte-Silver Bow is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Butte-Silver Bow, for example, the median home price is 12% lower than what folks pay nationally, and monthly rent is 27.7% lower than the usual rates. Plus, income levels matter too, with Butte-Silver Bow boasting a median household income of $74,846, which is 8% lower than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Butte-Silver Bow, the utilities index is 5.8% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Butte-Silver Bow, healthcare costs are 1.2% higher than the national average.
The cost of living estimates displayed for Butte-Silver Bow are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $85,600 | $7,133 | $1,997 | $2,568 |
| Renters | $35,308 | $2,942 | $824 | $1,059 |
| State | General Sales Tax | With Max Surtax |
| Montana | 0% | 0% |
| State | Income Tax (Low) | Income Tax (High) |
| Montana | 1% | 6.75% |
| City | Population | Cost of Living Index | National Avg. |
| Walkerville, MT | 650 | 89 | 11.1% |
| Anaconda-Deer Lodge County, MT | 9,366 | 91 | 8.7% |
| Butte-Silver Bow, MT | 35,459 | 96 | 3.6% |
| City | Population | Cost of Living Index | National Avg. |
| Georgetown, KY | 35,429 | 96 | 3.6% |
| Leawood, KS | 35,495 | 136 | 36.2% |
| McMinnville, OR | 35,403 | 115 | 15.5% |
| Dakota Ridge, CO | 35,381 | 136 | 35.8% |
| Plainfield, IN | 35,538 | 99 | 1.3% |
| Butte-Silver Bow, MT | 35,459 | 96 | 3.6% |
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