Cost of Living in Lima, MT

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10%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
36%
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 Lima Montana National
Cost of living90102100
Groceries103103100
Health care99102100
Housing64101100
Transportation102100100
Utilities102104100
Lifestyle & Entertainment102100100
Household Items101100100
Education & Childcare102102100
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Homes For Sale In Lima, MT

property for sale

Lots 1-7 Red Rock Rd

Lima, MT
property for sale

514 N Harrison St

Lima, MT
property for sale

TBD N Harrison St

Lima, MT
property for sale

322 S Main St

Lima, MT

Cost Of Living Quick Facts

  • The cost of living in Lima is 11% lower than the Montana average
  • The cost of living in Lima is 10% lower than the national average
  • Lima housing is 36% 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

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      The best places in Montana

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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$63,594$5,300$1,484$1,908
      Renters$0$0$0$0

      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.
      Lima, MT177909.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Banks, AL1778911.3%
      Riverview, AL1778416.0%
      East Nicolaus, CA17712828.3%
      Viola, DE1771076.6%
      Fidelis, FL1778613.7%
      Lima, MT177909.6%
      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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