Cost of Living in Butte-Silver Bow, MT
Population 35,052 · Census ACS 2020–2024 5-year estimates
The median rent in Butte-Silver Bow, MT is $856/month, 21% lower than the Montana median and 39% lower than the U.S. median. The median home value is $257,800, 23% lower than the national median. Households earn a median of $61,857 a year, 15% lower than the state median.
Affordability
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Butte-Silver Bow vs. Montana vs. U.S.
| Butte-Silver Bow | Montana | U.S. | |
|---|---|---|---|
| Median rent | $856 | $1,081 | $1,413 |
| Median home value | $257,800 | $375,800 | $332,700 |
| Median household income | $61,857 | $72,509 | $80,734 |
| Homeownership rate | 70.7% | 69.2% | 65.2% |
| Bachelor's degree or higher | 28.1% | 35.2% | 35.7% |
| Poverty rate | 14.8% | 11.5% | 12.5% |
| Unemployment rate | 4.0% | 3.6% | 5.2% |
| Work from home | 7.6% | 12.5% | 15.1% |
| Median age | 40.6 | 40.4 | 38.9 |
FAQ
What is the average rent in Butte-Silver Bow, MT?
The median gross rent in Butte-Silver Bow, MT is $856 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Butte-Silver Bow, MT?
Using the common 30% rule, renting a median-priced home takes about $34,240 a year in gross income.
Is Butte-Silver Bow, MT expensive to live in?
Rent there is 39% lower than the U.S. median, and the median home costs about 4.2 times the median household income.
Other cities in Montana
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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