Cost of Living in Herron, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.5
100 = national avg
-14.5 vs national average
Living Wage (1 Adult)
$37,604
per year
Living Wage (Family of 4)
$88,883
per year
Cost Index by Category
Housing76.3
Food89.8
Transportation101.6
Healthcare91.8
Utilities89.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,069
per month
2 Bedroom
$1,307
per month
The overall cost of living index in Herron is 85.5, which is 14.5% below the national average. Housing costs are below the national average at an index of 76.3. A single adult needs to earn approximately $37,604 per year to cover basic expenses.