The cost of living index in Hamilton, MT, shows a notably lower housing cost at 85 compared to the nationwide average of 100. This means housing is about 15% cheaper in Hamilton. Most other costs, like groceries and utilities, are close to the national average, making Hamilton an attractive option for those seeking affordability without significant sacrifices in quality of life.
Hamilton, MT, has a cost of living that is generally lower than the nationwide average, making it an attractive option for many job seekers. The cost of living index in Hamilton stands at 91, which is 9% below the national average of 100. This means that expenses such as housing and utilities are more affordable. For instance, housing in Hamilton is priced at 85, a notable 15% below the national average. This reduction in housing costs can be a significant advantage for those looking to balance their budget while maintaining a quality lifestyle.
In addition to housing, other categories such as groceries and miscellaneous items also contribute to the lower overall cost of living in Hamilton. Groceries are priced at 95, which is just 5% below the national average. This makes it easier for residents to maintain a healthy diet without straining their finances. Utilities, another essential expense, are at 90, which is 10% below the national average. These lower costs in key areas help make Hamilton a more affordable place to live compared to the national average, offering a better value for money to those relocating or considering new job opportunities.