Cost of Living in Hays, MT

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

Cost of Living Overview

Overall Index

74.0

100 = national avg

-26.0 vs national average

Living Wage (1 Adult)

$32,568

per year

Living Wage (Family of 4)

$76,978

per year

Cost Index by Category

Housing
49.6
Food
94.2
Transportation
73.8
Healthcare
95.4
Utilities
86.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$902

per month

2 Bedroom

$1,184

per month

The overall cost of living index in Hays is 74.0, which is 26.0% below the national average. Housing costs are below the national average at an index of 49.6. A single adult needs to earn approximately $32,568 per year to cover basic expenses.