Sidney cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSidneyMontanaNational
Cost of living index101100100
IndexSidneyMontanaNational
Goods & Services index102106100
Groceries index113104100
Health care index11395100
Housing index9499100
Transportation index11391100
Utilities index8986100
A general summary of the cost of living index in Sidney, MT is shown above. Compared to the state average of Montana the cost of living index in Sidney, MT is 101, which is 2% higher than the average in Montana and compared to the national average it is 1% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Sidney, MT goods and services come in at 3% lower than the average in Montana and are 2% higher than compared to the nationwide average.
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Did you know?

  • The cost of living in Sidney is 2% higher than the Montana average.
  • The cost of living in Sidney is 1% higher than the national average.
  • The cost of housing in Sidney is 6% lower than the national average.
  • Montana general sales tax is 100% lower than the national average.
  • Montana state income tax is 55% lower than the national average.

Compare Sidney, MT Cost of living To Other Cities

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator is meant to help you compare your salary in Sidney, MT to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Sidney, MT, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Sidney, MT salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$76,094$6,341$1,775$2,283
      Renters$38,500$3,208$898$1,155
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Sidney, MT, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Sidney, MT, the median monthly income is $76,094 for those who own their own homes. Under the standard rule, that income level would allow for $1,775 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $38,500, per the median income in the area. That would allow for renters to spend up to $898 on monthly rental expenses.

      Montana Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Montana0%0%

      Montana Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Montana1%6.9%
      When assessing the complete cost of living in Sidney, MT, the Montana income tax and the Montana sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Montana maximum surtax is 0%, and the Montana sales tax is 0%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 6.9% in Montana.

      Goods & Services

      ItemSidneyNational avg.Difference
      Haircut $20.33$17.4916.2%
      Beauty Salon $31.25$38.1718.1%
      Toothpaste $4.34$2.3287.0%
      Shampoo $1.41$1.0139.3%
      Movie $11.19$10.724.3%
      Bowling $10.00$13.8627.9%

      Groceries

      ItemSidneyNational avg.Difference
      Ground Beef $2.98$3.9023.6%
      Fried Chicken $1.55$1.4011.1%
      Milk $2.65$1.9635.1%
      Potatoes $4.15$3.1830.4%
      Pizza $12.99$10.3925.0%
      Beer $8.35$9.239.5%

      Health Care

      ItemSidneyNational avg.Difference
      Optometrist $115.67$106.348.8%
      Doctor $160.00$115.2538.8%
      Dentist $96.50$98.381.9%
      Ibuprofen $10.07$9.268.7%
      Lipitor $533.27$466.4714.3%

      Housing

      ItemSidneyNational avg.Difference
      Home Price $180,400.00$184,700.002.3%
      Avg. Mortgage Payment $1,280.63$1,273.320.6%
      Apartment Rent $796.00$949.0016.1%

      Transportation

      ItemSidneyNational avg.Difference
      Gasoline $2.69$2.593.8%
      Tire Balancing $64.65$48.9032.2%

      Utilities

      ItemSidneyNational avg.Difference
      All Electricity$131.81$167.6021.4%
      Phone $185.52$163.4213.5%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Fairview, MT78096-4%
      Crane, MT2511000%
      East Fairview, ND651088%
      Sidney, MT6,4071011%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Gladewater, TX6,40786-14%
      Farr West, UT6,4061044%
      Bartonville, IL6,40691-9%
      Blue Bell, PA6,40313838%
      Quantico Base, VA6,40213232%
      Sidney, MT6,4071011%
      Source: The Sidney, MT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.