Cost of Living in Melstone, MT

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

Cost of Living Overview

Overall Index

51.9

100 = national avg

-48.1 vs national average

Living Wage (1 Adult)

$22,825

per year

Living Wage (Family of 4)

$53,951

per year

Cost Index by Category

Housing
37.7
Transportation
65.3
Utilities
81.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,226

per month

2 Bedroom

$1,344

per month

The overall cost of living index in Melstone is 51.9, which is 48.1% below the national average. Housing costs are below the national average at an index of 37.7. A single adult needs to earn approximately $22,825 per year to cover basic expenses.