Montana, also known as the “Treasure State”, is a beautiful and vast state located in the western United States. With its stunning landscapes, rich history, and abundance of outdoor activities, it’s no wonder that many people dream of living in Montana. However, like any other state, the cost of living can vary greatly depending on where you choose to reside. If you’re considering moving to Montana or are already a resident looking for a more affordable place to call home, we’ve got you covered. In this article, we’ll explore the 7 most affordable places to live in Montana in 2025.
1. Billings
Located in the south-central part of the state, Billings is the largest city in Montana and also one of the most affordable. With a population of over 110,000, Billings offers a small-town feel with big-city amenities. The cost of living in Billings is 5% lower than the national average, making it an attractive option for those looking for affordable housing. The median home price in Billings is $230,000, which is significantly lower than the state average of $280,000. Additionally, the city has a strong job market, with a low unemployment rate of 3.2%.
2. Great Falls
Located along the Missouri River, Great Falls is a charming city with a population of around 60,000. The cost of living in Great Falls is 6% lower than the national average, making it an affordable option for those looking to buy a home. The median home price in Great Falls is $200,000, which is well below the state average. The city also offers a variety of outdoor activities, including hiking, fishing, and skiing, making it an ideal place for nature lovers.
3. Bozeman
Known as the “Valley of the Flowers”, Bozeman is a picturesque city located in the southwestern part of Montana. With a population of around 50,000, Bozeman offers a small-town feel with a vibrant downtown area. The cost of living in Bozeman is 4% lower than the national average, and the median home price is $350,000. While this may seem higher than the other cities on this list, it’s still significantly lower than the state average. Bozeman also has a strong job market, with a low unemployment rate of 2.8%.
4. Helena
As the state capital, Helena is a bustling city with a population of around 32,000. The cost of living in Helena is 3% lower than the national average, and the median home price is $225,000. The city offers a variety of cultural attractions, including museums, art galleries, and theaters. It’s also surrounded by beautiful mountains, making it an ideal location for outdoor enthusiasts.
5. Kalispell
Located in the northwestern part of the state, Kalispell is a charming city with a population of around 23,000. The cost of living in Kalispell is 2% lower than the national average, and the median home price is $275,000. The city is surrounded by stunning natural beauty, including Glacier National Park and Flathead Lake. It also has a strong economy, with a low unemployment rate of 3.1%.
6. Butte
Known as the “Richest Hill on Earth” due to its history of copper mining, Butte is a unique city with a population of around 34,000. The cost of living in Butte is 8% lower than the national average, and the median home price is $150,000. The city offers a variety of outdoor activities, including skiing, fishing, and hiking. It also has a strong sense of community, making it an ideal place to raise a family.
7. Missoula
Located in the western part of the state, Missoula is a vibrant city with a population of around 75,000. The cost of living in Missoula is 4% lower than the national average, and the median home price is $300,000. The city is home to the University of Montana, giving it a youthful and energetic atmosphere. It also offers a variety of outdoor activities, including rafting, fishing, and hiking.
In conclusion, Montana offers a variety of affordable options for those looking to buy a home. Whether you prefer a bustling city or a small
