Cost of Living in Stanford, MT

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

Cost of Living Overview

Overall Index

74.8

100 = national avg

-25.2 vs national average

Living Wage (1 Adult)

$32,902

per year

Living Wage (Family of 4)

$77,769

per year

Cost Index by Category

Housing
59.0
Food
89.8
Transportation
73.2
Healthcare
91.8
Utilities
85.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$905

per month

2 Bedroom

$1,160

per month

The overall cost of living index in Stanford is 74.8, which is 25.2% below the national average. Housing costs are below the national average at an index of 59.0. A single adult needs to earn approximately $32,902 per year to cover basic expenses.