Shelby, MT, boasts a notably lower cost of living compared to the nationwide average. Specifically, the overall cost of living index for Shelby is 87, which means it costs 13% less than the national average of 100. Each category, from housing to miscellaneous expenses, contributes to this lower overall index, making it an attractive option for budget-conscious individuals.
The cost of living in Shelby, Montana, compares favorably to the nationwide average, which is set at 100. Job seekers will find that several key expenses are lower than the national average. For example, housing costs are 22% lower, making it more affordable to find a place to live. Grocery prices are also slightly below the national average, at 10% less, offering potential savings on food expenses.
Utilities in Shelby are only 3% higher than the nationwide average, indicating minimal additional costs for essential services like electricity and gas. Transportation costs, including public transit and fuel, are 15% lower, which can translate to significant savings for those commuting. Healthcare costs are 5% below the national average, providing some relief for those managing medical expenses. Miscellaneous costs, which include items like clothing and entertainment, are 11% lower, adding another layer of affordability to living in Shelby. Overall, Shelby presents a cost of living that is competitive with, or better than, the national average in many areas.