Cost of Living in Missoula, MT

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

Cost of Living Overview

Overall Index

123.3

100 = national avg

+23.3 vs national average

Living Wage (1 Adult)

$54,248

per year

Living Wage (Family of 4)

$128,222

per year

Cost Index by Category

Housing
163.1
Food
99.9
Transportation
99.9
Healthcare
99.9
Utilities
112.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,400

per month

2 Bedroom

$1,655

per month

The overall cost of living index in Missoula is 123.3, which is 23.3% above the national average. Housing costs are above the national average at an index of 163.1. A single adult needs to earn approximately $54,248 per year to cover basic expenses.