Cost of Living in Sheridan, MT

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2%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
2%
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 Sheridan Montana National
Cost of living102102100
Groceries104103100
Health care101102100
Housing102101100
Transportation98100100
Utilities106104100
Lifestyle & Entertainment98100100
Household Items103100100
Education & Childcare104102100
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Homes For Sale In Sheridan, MT

property for sale

305 Boundary St

Sheridan, MT
property for sale

113 Poppleton St

Sheridan, MT
property for sale

4 Elk Hills Rd

Sheridan, MT
property for sale

2 Hawks Ct

Sheridan, MT

Cost Of Living Quick Facts

  • The cost of living in Sheridan is equal to the Montana average
  • The cost of living in Sheridan is 2% higher than the national average
  • Sheridan housing is 2% higher 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 Sheridan

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Compare Sheridan, 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$113,930$9,494$2,658$3,418
      Renters$53,186$4,432$1,241$1,596

      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.
      Twin Bridges, MT232982.1%
      Alder, MT961032.6%
      Virginia City, MT1751077.3%
      Sheridan, MT8971021.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Toksook Bay, AK897972.9%
      Many Farms, AZ8977624.0%
      Occidental, CA897225124.6%
      Branford, FL8978812.2%
      Matherville, IL8978613.7%
      Sheridan, MT8971021.9%
      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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