Shelby, MT, has a lower cost of living compared to the nationwide average. Specifically, the cost of living index for Shelby is 90, which is 10% below the national average of 100. This means that overall, residents in Shelby can expect to spend less on their day-to-day expenses.
Among various categories, Shelby shows particularly lower costs in housing at 78 and healthcare at 85. While some categories like utilities and miscellaneous costs are close to the average, the overall lower index makes Shelby an attractive option for those seeking a more affordable lifestyle.
The cost of living index in Shelby, Montana, shows that housing costs are significantly lower than the nationwide average. Specifically, the housing index stands at 78, which is 22% lower than the national average of 100. This means that individuals may find it more affordable to rent or buy homes in Shelby compared to many other places across the country.
Other expenses also reflect a generally lower cost of living in Shelby. For instance, groceries have an index of 95, just 5% below the national average. Similarly, utilities are at 97, which is only 3% lower. Transportation costs are also slightly below the national average, with an index of 90, indicating a 10% savings. Healthcare and miscellaneous expenses are close to the national average, at 85 and 92, respectively, suggesting these costs are nearly on par with the rest of the country. These figures illustrate that Shelby offers a more affordable lifestyle for many key living expenses compared to the nationwide average.
