Cost of Living in Jefferson City, MT

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

Cost of Living Overview

Overall Index

120.6

100 = national avg

+20.6 vs national average

Living Wage (1 Adult)

$53,053

per year

Living Wage (Family of 4)

$125,399

per year

Cost Index by Category

Housing
140.1
Food
106.5
Transportation
112.9
Healthcare
105.2
Utilities
111.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,070

per month

2 Bedroom

$1,404

per month

The overall cost of living index in Jefferson City is 120.6, which is 20.6% above the national average. Housing costs are above the national average at an index of 140.1. A single adult needs to earn approximately $53,053 per year to cover basic expenses.