Cost of Living in Baker, MT

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

105.2

100 = national avg

+5.2 vs national average

Living Wage (1 Adult)

$46,286

per year

Living Wage (Family of 4)

$109,402

per year

Cost Index by Category

Housing
89.1
Food
110.4
Transportation
120.7
Healthcare
108.3
Utilities
104.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,093

per month

2 Bedroom

$1,401

per month

The overall cost of living index in Baker is 105.2, which is 5.2% above the national average. Housing costs are below the national average at an index of 89.1. A single adult needs to earn approximately $46,286 per year to cover basic expenses.