Contrary to popular belief, you don't have to be a millionaire to live in Montana. The price of real estate and housing is at an all-time high, and it seems like the cost of almost everything is on the rise. Several businesses in the state have drastically increased hourly wages in order to attract employees who are actually willing to work.

Salary
Canva Pro
loading...

When people move to Montana, many are blindsided by the high cost of living, and most residents live paycheck to paycheck just to get by. Montana doesn't have a sales tax, but property taxes in the state are among the highest in the country. So, how much does a single person need to make in order to survive in Montana, and how does it compare to the rest of the country?

My 103.5 FM logo
Get our free mobile app

According to new data from Go Banking Rates, if you're single, the average median salary needed in order to get by in America is $57,000. However, some states require quite a bit more than that.

Growing Money
Canva Pro
loading...

Hawaii, Massachusetts, California, New York, Alaska, Maryland, Vermont, Oregon, Washington, and New Jersey are the 10 most expensive states in the nation requiring the highest salary necessary for an individual to get by.

Hawaii tops the list as the most expensive state in the United States. The salary required to live in Hawaii is $112,411.

The Average Median Salary Needed To Get By in Montana

The average salary needed in Montana is slightly above the national average, but not by much. According to the data, you need to make $57,056 to get by in the Treasure State.

Saving Money
Canva Pro
loading...

How Does Montana Compare to Surrounding States?

  • Idaho - $58,634
  • North Dakota - $52, 807
  • Wyoming - $49,666

Montana may seem expensive, but compared to most other states, we've got it pretty good.

LOOK: Average salary needed to get by in every U.S. state

According to data from GOBankingRates.com, The median salary across the U.S. a single person must make to get by collectively is $57,000. However, some states are far from that.

So how much higher or lower is your state to the national average, and which states are the top 10 most and least affordable overall? Let's find out.

Gallery Credit: Mike Brant

See Inside This 40 Million Dollar Montana Dream Home

Grey Cliffs Ranch, just outside of Three Forks Montana is for sale and is listed at just under 40 million dollars. This spectacular property comes with over 6 thousand acres and multiple buildings including a workshop and an indoor arena. The main house is almost 8000 square feet and includes 7 bedrooms, 8 baths, a gym, and much more.

Gallery Credit: Derek Wolf

25 Best Places For Prime Rib in Montana

Looking for quality prime rib? Here are some of the best places to check out in Montana.

Gallery Credit: Jesse James

More From My 103.5 FM