Cost of Living in Olney, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.0
100 = national avg
-12.0 vs national average
Living Wage (1 Adult)
$38,719
per year
Living Wage (Family of 4)
$91,517
per year
Cost Index by Category
Housing151.3
Food65.2
Transportation30.4
Healthcare72.2
Utilities89.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,289
per month
2 Bedroom
$1,691
per month
The overall cost of living index in Olney is 88.0, which is 12.0% below the national average. Housing costs are above the national average at an index of 151.3. A single adult needs to earn approximately $38,719 per year to cover basic expenses.