Great Falls, MT Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
Great Falls's Overall Cost Of Living
Lower Than The National Average
4 out of 23
In Montana
1,460 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Great Falls is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Great Falls, MT?

According to the most recent data on the cost of living, Great Falls has an overall cost of living index of 89 which is 0.9x lower than the national index of 100.

Compared to only Montana, Great Falls has a cost of living index that's 0.9x lower than Montana's index of 97.

The standard of living in Great Falls ranks as #1,460 most affordable out of the 6,418 places we measured in Montana. By definition, that implies Great Falls ranks as the #4,958 most expensive place in the Treasure State.

For more reading on life in Great Falls, check out:

Great Falls Cost Of Living Vs. Montana

Living Expense Great Falls Montana National Average
Overall 89 97 100
Services 97 99 100
Groceries 102 99 100
Health 101 100 100
Housing 81 100 100
Transportation 96 94 100
Utilities 88 87 100
For more reading on cost of living around Montana, check out:
Great Falls Cost of Living Vs. MT

Great Falls, MT Housing Cost Breakdown

Housing swings affordability the most between places in Montana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Great Falls Montana United States
Median Home Value $181,500 $244,900 $229,800
Median Rent $748 $836 $1,096
Median Income $49,809 $56,539 $64,994
Home Value To Income 3.6x 4.3x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x

Detailed Great Falls Services Costs Vs. Montana

Item Great Falls Montana
Shampoo $0.91 $1.06
Movie $11.29 $10.68
Bowling $10.0 $14.67

Detailed Great Falls Groceries Costs Vs. Montana

Item Great Falls Montana
Ground Beef $4.39 $4.22
Fried Chicken $1.44 $1.39
Milk $2.35 $2.05

Detailed Great Falls Health Costs Vs. Montana

Item Great Falls Montana
Haircut $13.44 $18.62
Beauty Salon $31.95 $39.05
Toothpaste $1.94 $2.34

Detailed Great Falls Transportation Costs Vs. Montana

Item Great Falls Montana
Potatoes $2.18 $3.29
Pizza $11.37 $10.62
Beer $8.2 $9.38
Optometrist $135.99 $108.57
Doctor $110.01 $116.17
Dentist $94.21 $99.13

Detailed Great Falls Utilities Costs Vs. Montana

Item Great Falls Montana
Gasoline $2.22 $2.22
Tire Balancing $43.84 $50.07
All Electricity $134.18 $167.67
Phone $176.34 $175.64

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