Cost of Living in Craig, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.9
100 = national avg
+42.9 vs national average
Living Wage (1 Adult)
$62,862
per year
Living Wage (Family of 4)
$148,582
per year
Cost Index by Category
Housing162.8
Food122.1
Transportation144.1
Healthcare117.7
Utilities125.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,319
per month
2 Bedroom
$1,647
per month
The overall cost of living index in Craig is 142.9, which is 42.9% above the national average. Housing costs are above the national average at an index of 162.8. A single adult needs to earn approximately $62,862 per year to cover basic expenses.