The cost of living index in Hamilton, MT, stands at 92, which is 2% below the nationwide average of 100. This indicates that residents generally spend less on living expenses compared to the national average. Housing costs in Hamilton are 10% lower, while groceries and utilities are slightly below average. However, healthcare costs are slightly higher at 98. This balanced index makes Hamilton an attractive option for those looking to manage living expenses effectively.
The cost of living in Hamilton, Montana, is notably lower than the nationwide average, which is set at 100. Housing costs in Hamilton stand at 90, which means residents pay 10% less than the national average. This reduction can make housing more affordable for those relocating to the area.
In addition to housing, other expenses in Hamilton also reflect a lower cost of living. Groceries are priced at 95, which is 5% below the national average. Utilities cost 85, indicating a 15% savings for residents. Transportation costs are at 92, which is 8% less than the national average. Healthcare costs are slightly higher at 98, but only by 2% compared to the national average. Miscellaneous expenses are at 93, which is 7% lower than the national average. Overall, Hamilton offers a cost of living that is 7% below the nationwide average, making it an attractive option for those looking to reduce their expenses.
