Cost of Living in Southwest Montana

Last checked October 29, 2026.

Southwest Montana has some of the state’s most affordable towns: renting your own 1-bedroom takes about $42,000 to $44,000 a year at current asking rents in Butte and Anaconda, versus about $51,200 in Helena. Helena also has the highest median wage of Montana’s metro areas ($55,040 in May 2025; see wages by area).

Town Census median rent, 1-bedroom Income needed at Census rent Income needed at current asking rents Census median home value
Dillon $666 $34,369 $256,700
Butte $695 $34,899 $43,527 $257,800
Anaconda $696* $34,917 $42,229 $231,700
Helena $883 $38,336 $51,222 $387,300

* All unit sizes; the Census 1-bedroom figure was too uncertain. Census figures: ACS 2020–2024, rent paid including utilities. Income needed: single adult, paid-off car, 10% saved, after taxes. See all towns for details.

Region notes

  • Resort tax: 3% in Virginia City, Wolf Creek and Craig (details).
  • Utilities: NorthWestern Energy serves Helena, Butte and Anaconda for electricity and gas.
  • Getting around: Butte’s city buses are free.
Scroll to Top