Cost of living in Belgrade research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Belgrade is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Montana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Belgrade is 97, with 100 being the average.
The cost of living index in Belgrade is 1.0x lower than the national average.
Belgrade ranks as the #14 cheapest in Montana out of 23.
Belgrade ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Belgrade is $280,700.
The median income in Belgrade is $72,921.
According to the most recent data on the cost of living, Belgrade has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Montana, Belgrade has a cost of living index that's 0.9x lower than Montana's index of 103.
The standard of living in Belgrade ranks as #14 most affordable out of the 23 places we measured in Montana. By definition, that implies Belgrade ranks as the #9 most expensive place in the Treasure State.
For more reading on life in Belgrade, check out:
Six factors go into calculating the cost of living index in Belgrade. Here is how it fairs on each of the criteria:
The Services index in Belgrade is 106.
The Groceries index in Belgrade is 101.
The Health index in Belgrade is 97.
The Housing index in Belgrade is 101.
The Transportation index in Belgrade is 95.
The Utilities index in Belgrade is 86.
|Living Expense||Belgrade||Montana||National Average|
Housing swings affordability the most between places in Montana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Belgrade is $280,700.
The Median Rent in Belgrade is $1,139.
The Median Income in Belgrade is $72,921.
The Home Value To Income in Belgrade is 3.8x.
The Rent To Monthly Income in Belgrade is 0.19x.
|Median Home Value||$280,700||$263,700||$244,900|
|Home Value To Income||3.8x||4.4x||3.5x|
|Rent To Monthly Income||0.19x||0.18x||0.2x|