Miles City, MT, has a lower cost of living compared to the nationwide average. The overall cost of living index for Miles City stands at 89, which is 11% lower than the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to manage their expenses effectively. The housing index at 80 shows the most significant savings, while other categories like groceries and utilities remain close to the average.
Miles City, Montana, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 80, which is 20% below the national average of 100. This means that housing expenses in Miles City are significantly cheaper compared to the rest of the country. For job seekers, this lower cost can translate into more disposable income for other necessities.
In addition to housing, the grocery index in Miles City is 90, which is 10% below the national average. This indicates that groceries are also more affordable compared to the nationwide average. Utilities, however, are slightly more expensive, with an index of 95, which is 5% above the national average. Transportation costs are also lower, with an index of 85, meaning they are 15% cheaper than the national average. Healthcare costs in Miles City match the national average at 100, offering no significant cost advantage or disadvantage. Miscellaneous expenses, with an index of 92, are 8% below the national average, providing another area where residents can save money. Overall, Miles City presents a cost of living that is attractive for those looking to reduce their expenses while maintaining a reasonable quality of living.