Cost of Living in Hot Springs, MT

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14%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
50%
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 Hot Springs Montana National
Cost of living86102100
Groceries105103100
Health care103102100
Housing50101100
Transportation98100100
Utilities102104100
Lifestyle & Entertainment103100100
Household Items99100100
Education & Childcare101102100
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Homes For Sale In Hot Springs, MT

property for sale

23 Aaron Ct

Hot Springs, MT
property for sale

72 Ratcliff Rd

Hot Springs, MT
property for sale

504 2nd Ave S

Hot Springs, MT
property for sale

37 Andrews Rd

Hot Springs, MT

Cost Of Living Quick Facts

  • The cost of living in Hot Springs is 15% lower than the Montana average
  • The cost of living in Hot Springs is 14% lower than the national average
  • Hot Springs housing is 50% 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 Hot Springs

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      Salary Calculator

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$41,632$3,469$971$1,249
      Renters$18,851$1,571$440$566

      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.
      Niarada, MT81021.5%
      Camas, MT91909.7%
      Lonepine, MT135928.3%
      Plains, MT1,039936.8%
      Hot Springs, MT6468614.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      York, AZ646945.7%
      Pavo, GA6468515.3%
      Eminence, MO6468415.6%
      Leawood, MO646936.8%
      Stannards, NY646919.2%
      Hot Springs, MT6468614.0%
      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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