Cost of Living in Homestead, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.2
100 = national avg
+43.2 vs national average
Living Wage (1 Adult)
$63,024
per year
Living Wage (Family of 4)
$148,967
per year
Cost Index by Category
Housing89.4
Food165.6
Transportation156.3
Healthcare152.5
Utilities137.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$923
per month
2 Bedroom
$1,211
per month
The overall cost of living index in Homestead is 143.2, which is 43.2% above the national average. Housing costs are below the national average at an index of 89.4. A single adult needs to earn approximately $63,024 per year to cover basic expenses.