Cost of Living in Hamilton, MT

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A+
1%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
1%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Hamilton Montana National
Cost of living101102100
Groceries105103100
Health care103102100
Housing99101100
Transportation98100100
Utilities102104100
Lifestyle & Entertainment103100100
Household Items99100100
Education & Childcare101102100
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Homes For Sale In Hamilton, MT

property for sale

1872 South Camas Ln

Hamilton, MT
property for sale

318 Black Pearl Ln

Hamilton, MT
property for sale

570 Skalkaho Hwy

Hamilton, MT
property for sale

143 Knik Dr

Hamilton, MT
See the Newest Homes For Sale In Hamilton, MT

Cost Of Living Quick Facts

  • The cost of living in Hamilton is 1% lower than the Montana average
  • The cost of living in Hamilton is 1% higher than the national average
  • Hamilton housing is 1% lower than the national average
  • Montana general sales tax is 100% lower than the national average
  • Montana state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Hamilton

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Compare Hamilton, MT Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$63,998$5,333$1,493$1,920
      Renters$43,328$3,611$1,011$1,300
      To approximate the cost of living and the housing affordability in Hamilton, MT, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Hamilton have a median income of $63,998. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,493 per month to avoid calamity and poverty. The renters in the city have an income of about $43,328, which would make their monthly maximum allowable rental costs $1,011.

      Montana Sales Tax

      State General Sales Tax With Max Surtax
      Montana 0% 0%

      Montana Income Tax

      State Income Tax (Low) Income Tax (High)
      Montana 1% 6.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Charlos Heights, MT01021.5%
      Victor, MT1,006991.4%
      Corvallis, MT1,7991000.5%
      Pinesdale, MT1,0341066.0%
      Hamilton, MT4,9731010.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Saint-Joseph-de-Beauce, QC4,973n/a 
      Wauchula, FL4,9748911.0%
      Prairie Heights, WA4,97412928.8%
      New Castle, CO4,97513231.9%
      Hunters Creek Village, TX4,975360260.3%
      Hamilton, MT4,9731010.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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