Cost of Living in Great Falls, MT
| Cost of Living in Great Falls, MT | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 33% lower | 33% lower |
| Utilities (Monthly) | 3% lower | 10% lower |
| Food | 4% lower | 1% lower |
| Healthcare | 7% lower | 7% lower |
| Transportation | 5% higher | 2% higher |
| Goods & Services | 12% lower | 10% lower |
The cost of living in Great Falls, MT is 14% lower than the state average and 14% lower than the national average. Great Falls, MT housing is 33% cheaper than the U.S average, while utilities are about 10% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 10% less in Great Falls, MT than in the rest of the country, while clothing costs around 10% less .
Healthcare services such as doctor check-ups and dentistry cost 7% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 10% cheaper in Great Falls, MT.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Great Falls is $1,227, while home prices circle around $324,893.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Great Falls, energy bills cost around $172.11 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.55 in Great Falls, a dozen eggs go for around $3.61 and a pound of potatoes circles around $4.43.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Great Falls, an optometry check-up costs around $104.46, while a dentist appointment is priced $112.80 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.23 in Great Falls, while getting your tires balanced will run you about $68.54.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $22.25 here. Meanwhile, a pair of women's slacks will set you back around $22.15.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Great Falls, you should budget around $12.99 a month. When it comes to personal services, a haircut usually goes for $16.47, while dry cleaning costs about $14.59.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Great Falls, the median household income is $58,272.