Financial Profile: Montana
Financial landscape, tax rates, cost of living, and median income scoring for Montana residents.
Montana at a Glance
Avg Salary
$52,000
Cost of Living
106
Top Tax Rate
5.9%
Adjusted Income
$49,056
Monthly Take-Home
$3,392
Max Rent (30%)
$1,299
Financial Genome at Median Income
Scores calculated for someone earning $52,000/yr in Montana with typical expenses.
PPI
40
C
FPI
25
F
LRS
53
C+
REW
30
D
Living in Montana: Financial Overview
Montana has graduated income tax rates from 1% to 5.9%, with no sales tax.
- No sales tax
- Growing Bozeman area
- Moderate income tax
Major Cities
Billings, Missoula, Great Falls, Bozeman
With a cost of living index of 106 (above the national average of 100), expenses are higher in Montana. A $60,000 salary here has the purchasing power equivalent of only $56,603 in an average-cost area.
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