Is Montana expensive to live in? HELENA — On Jan. 1, 2022, Montana’s minimum wage will make its biggest increase in years: rising 45 cents, from $8.75 to $9.20 an hour. That’s the most it’s grown in a single step since 2007.
Accordingly, What is a good wage in Montana? Recommended Salary in Montana. $36,001 is the 25th percentile. Salaries below this are outliers. $59,840 is the 75th percentile.
How many hours is full time in Montana?
Full-time. Under the laws of Montana, you are considered a “full-time” employee if you typically work over 40 hours during a given work week. Those working less than 40 hours are considered “part-time” employees.
Further, What is Montana known for? Montana is most famous for its natural beauty, diverse wildlife, and abundance of natural mineral resources. That is why it is called the “Treasure State”. The Rocky Mountains and Yellowstone National Park are two of the state’s most well-known features.
What state has lowest minimum wage? Mississippi. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.
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What are the main jobs in Montana?
What Are the Most Popular Jobs in Montana?
- Office and Administrative Support Occupations with 67,620 employed.
- Sales and Related Occupations 49,960 employed.
- Food Preparation and Serving Related Occupation 46,030 employed.
- Healthcare Practitioners and Technical Occupations 29,340 employed.
How much money do you need to live comfortably in Montana?
Average Cost of Living in Montana: $42,310 per year
If you have your heart set on living in the Rocky Mountain region, Wyoming is a much more affordable option, ranked 18th on the same list. In terms of monthly expenses, that’s $3,525, on average.
What is a livable salary in Montana?
Living Wage Calculation for Missoula County, Montana
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.70 | $24.06 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $9.20 | $9.20 |
What is the cheapest state to buy a house?
West Virginia is the cheapest state to buy a home. A typical home in West Virginia costs $129,103, nearly $30,000 less than Mississippi’s and less than half of the national average. A homebuyer can expect to get 1,792 square feet of living space for that price.
What should I know before moving to Montana?
15 Things to Know Before Moving to Montana
- You’ll want to get out into nature. …
- Public universities are a good option here. …
- Population density is low. …
- Skiing, snowboarding, hunting and fishing are big. …
- Winters are freezing. …
- Montana is politically divided. …
- Ranching is alive and well.
What state is the cheapest rent?
Cheapest State for Rent in the US
The least expensive state for rent is West Virginia with an average rent price of $800.
What is the cheapest and safest state to live in?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57. …
- Michigan. Average cost of living index: 90.40. …
- Missouri. Average cost of living index: 89.75. …
- Tennessee. Average cost of living index: 89.49. …
- Georgia. Average cost of living index: 89.30. …
- Arkansas. …
- Alabama. …
- Oklahoma.
What state has the cheapest rent in America?
Housing costs in Mississippi are the lowest in the nation. The median price for a single-family home in Mississippi is $140,818, and the average rent for a two-bedroom apartment is $777. Mississippi also has the lowest transportation costs in the nation.
What are the dangers of living in Montana?
Here Are The 8 Biggest Risks Living In The State of Montana
- A potential Yellowstone eruption. Jeff Gunn / Flickr. …
- Colliding with a deer, elk, or moose while driving. …
- Outdoor accidents. …
- Snow drama. …
- Feeling claustrophobic in crowds. …
- Grizzlies. …
- A disdain for California. …
- The inability to be happy living anywhere else.
How much money do I need to move to Montana?
Average Cost of Living in Montana: $42,310 per year
Take a good look at your monthly budget if you’re planning a move to Montana. According to MERIC data in the third quarter of 2021, Montana ranks 30th when it comes to cost of living.
Is moving to Montana worth it?
Montana’s low cost of living, low crime rates, and booming job market make it a favorite state for many families and millennials. The state’s low property taxes, zero sales tax, and shorter commuting time make moving to Montana appealing to many people.
Which state has lowest cost of living?
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What salary do you need to live comfortably in Montana?
What is a good salary in Montana? The recommended salary in Bozeman, Montana is $5,834 per month or $70,008 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $1,750.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
What state is most expensive to live in?
Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What is a good hourly wage in Montana?
$551 is the 25th percentile. Wages below this are outliers. $1,553 is the 90th percentile. Wages above this are outliers.
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What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Montana.
| City | Great Falls |
|---|---|
| Annual Salary | $49,475 |
| Monthly Pay | $4,123 |
| Weekly Pay | $951 |
| Hourly Wage | $23.79 |
What is the most common job in Montana?
What Are the Most Popular Jobs in Montana?
- Office and Administrative Support Occupations with 67,620 employed.
- Sales and Related Occupations 49,960 employed.
- Food Preparation and Serving Related Occupation 46,030 employed.
- Healthcare Practitioners and Technical Occupations 29,340 employed.
Is it cheaper to live in Texas or Montana?
Texas is 0.4% more expensive than Montana.