Cost of Living in Townsend, MT

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

Cost of Living Overview

Overall Index

105.3

100 = national avg

+5.3 vs national average

Living Wage (1 Adult)

$46,319

per year

Living Wage (Family of 4)

$109,481

per year

Cost Index by Category

Housing
104.4
Food
104.1
Transportation
108.2
Healthcare
103.3
Utilities
103.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,595

per month

2 Bedroom

$1,748

per month

The overall cost of living index in Townsend is 105.3, which is 5.3% above the national average. Housing costs are above the national average at an index of 104.4. A single adult needs to earn approximately $46,319 per year to cover basic expenses.