Glendive, Montana, boasts a cost of living index that sits below the nationwide average of 100. Specifically, the index for Glendive is 87.7, reflecting that residents generally find their expenses slightly lower than the national norm. This decrease is driven by lower housing and transportation costs, while utilities and miscellaneous expenses are closer to the average.
The housing index of 80 shows that Glendive offers more affordable living compared to the rest of the country. Groceries and transportation costs also hover around 85-90, keeping the overall index low. Utilities and miscellaneous expenses are slightly above average, but the lower housing costs significantly contribute to the overall lower cost of living.
Glendive, Montana, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, housing in Glendive costs about 80% of the national average. This means that renters and homeowners in Glendive can expect to spend less on their homes compared to other places across the country. While housing is less expensive, other living expenses such as groceries and utilities are also slightly below the average. Groceries cost around 90%, and utilities about 95%, making everyday household expenses more affordable.
Transportation in Glendive is also cheaper, with an index of 85, which implies savings of 15% compared to the national average. Healthcare costs, however, remain consistent with the national average at 100, ensuring that medical expenses are neither higher nor lower than elsewhere in the country. Miscellaneous costs, which include items like entertainment and personal care, are at 88%, offering an additional slight reduction in spending. Overall, Glendive provides a more cost-effective living experience in multiple areas compared to the national average.