Montana, known for its vast landscapes and outdoor recreational opportunities, offers a unique living experience. When considering a move to the Treasure State, it's essential to understand the cost of living, which encompasses housing, utilities, groceries, transportation, and healthcare. Overall Cost of Living As of October 2024, the average cost of living in Montana is approximately $2,030 per month for a single person, which is about 1.09 times less expensive than the national average. Housing Costs Housing is a significant component of living expenses. The median home price in Montana is around $441,800, which is 30.7% higher than the national median of $338,100. Renting is also a popular option, with the average monthly rent for a two-bedroom apartment in Billings at $900. Utilities Utility costs in Montana are relatively affordable. The average monthly utility bill is approximately $379, which includes electricity, heating, water, and garbage services. Groceries Grocery pr...