Cost of Living in Hobson, MT

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

Cost of Living Overview

Overall Index

66.3

100 = national avg

-33.7 vs national average

Living Wage (1 Adult)

$29,166

per year

Living Wage (Family of 4)

$68,938

per year

Cost Index by Category

Housing
62.5
Food
76.6
Transportation
59.9
Healthcare
81.2
Utilities
78.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$905

per month

2 Bedroom

$1,160

per month

The overall cost of living index in Hobson is 66.3, which is 33.7% below the national average. Housing costs are below the national average at an index of 62.5. A single adult needs to earn approximately $29,166 per year to cover basic expenses.