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Travel

Best Places to Live in Montana

By noel MONEY RESEARCH COLLECTIVE

March 13, 2023

Montana, also known as the “Treasure State,” is a vast and beautiful region in the western United States. It’s bordered by Canada in the north, North Dakota and South Dakota in the east, Wyoming in the south and Idaho in the southwest.

Montana is known for its stunning natural landscapes, rich history and friendly communities. With a population of just over one million people, Montana is the fourth-largest state in the U.S. in terms of land area but has a low population density, which means that there are many great places to live that offer a more peaceful, laid-back lifestyle.

If you’re considering moving to Montana, deciding where to settle down can be challenging. From the snow-capped peaks of the Rocky Mountains to the rolling plains of the east, Montana has a diverse range of landscapes, each with its own unique character and charm.

Below, we dive into the best places to live in Montana in 2023.

Bozeman

Located in southwest Montana, Bozeman is the fourth largest city in the state, with a population of about 58,000 individuals. It’s widely regarded as one of the best places to live in Montana, and for good reason.

One of the main draws of Bozeman is its incredible natural features and recreational opportunities. Surrounded by the stunning Rocky Mountains, residents of Bozeman have easy access to world-class outdoor activities. It’s a great place if you enjoy soaking in hot springs.

The city is also home to beautiful parks, including Peet’s Hill/Burke Park, which offers views of the surrounding mountains. Additionally, Bozeman is just a short drive away from Yellowstone National Park. The abundant natural beauty and outdoor activities make Bozeman a great place for those who enjoy an active, healthy lifestyle.

Bozeman also boasts excellent educational institutions, including Montana State University, which brings a vibrant energy to the city, with a diverse student body and a variety of cultural and intellectual events. Bozeman’s excellent public schools also make it a great place to raise a family.

The median household income in Bozeman is $67,354, and the median home price is $644,741. The unemployment rate is 1.60%, much lower than the national average.

Belgrade

This city is largely a rural community, but it’s a quick 15-minute drive to Bozeman, a relatively large city by Montana standards. Belgrade is a great place to live if you want the best of both worlds — it combines the peace and quiet of country life with the vibrant aspects of big city life nearby.

Situated in the heart of the Gallatin Valley, residents of Belgrade have easy access to a wide range of outdoor recreational opportunities. The area is surrounded by towering mountain ranges — including the Bridger, Gallatin and Madison ranges — offering endless possibilities for hiking, skiing and other outdoor activities.

Belgrade is already one of the fastest-growing cities in Montana. Home values in the city are rising at a modest rate, but the growth policy calls for affordable housing development. The city is emphasizing the need for green space attached to all new subdivisions.

The median household income in Belgrade is $72,921, and the median home price is $531,428. The unemployment rate is 3.9%, higher than the national average.

Billings

Billings is the largest city in Montana, with a population of over 120,000 people. It is located in the southern part of the state and offers a perfect blend of modern urban amenities and outdoor recreation opportunities.

One of the main draws of Billings is its thriving economy, with job opportunities available in industries such as healthcare, education, finance and energy.

Billings scores well for quality of life. The city is home to Montana State University Billings, which offers a range of undergraduate and graduate programs. Billings has a low cost of living compared to other major urban centers in the U.S., which means that residents can enjoy a comfortable lifestyle without breaking the bank.

Billings is an ideal location for those who appreciate culture and the arts. The city has a vibrant downtown area, with numerous restaurants, bars and entertainment venues.

Additionally, Billings has numerous parks, trails and outdoor recreation areas, perfect for hiking, biking and other activities. The city offers a unique and dynamic living experience that is hard to find elsewhere in Montana.

The median household income in Billings is $63,608, and the median home price is $359,302. The unemployment rate is 2.1%, below the national average.

Dillon

Dillon, Montana is ideal for anyone looking for a small-town atmosphere and greater-than-great outdoors.

One of the most popular attractions in the area is Bannack State Park, a well-preserved ghost town that provides visitors with an immersive experience of Montana’s frontier history. The park offers guided tours, gold panning and camping opportunities, making it a perfect weekend getaway spot for families and history buffs.

The Beaverhead County Museum, located in the heart of downtown Dillon, is a treasure trove of local history and art. The museum has an impressive collection of artifacts from the region, including photographs, clothing and weaponry from the pioneer days.

Dillon is also home to some of the most breathtaking scenery in the country. The town is nestled in the heart of the Beaverhead-Deerlodge National Forest, providing ample hiking, fishing, hunting and camping opportunities. With its abundant wildlife and spectacular mountain views, Dillon is a nature lover’s dream.

The median household income in Dillon is $49,055, and the median home price is $333,584. The unemployment rate is 3%, lower than the national average.

Whitefish

With a population of about 8,000, Whitefish ranks as the 16th largest city in Montana. Located in Northern Montana, the town is just a short hop from Glacier National Park and its many scenic highlights. The park is a joy in winter, spring, summer or fall with its crystal clear lakes, glacier-capped peaks, fabulous ski resorts, majestic falls and abundant wildlife.

Established in 1900, Whitefish boasts a charming downtown district with a wide variety of restaurants, shops and galleries. Whitefish residents looking for international experiences can also take a quick jaunt to Canada: it’s just 60 miles away.

Whitefish is also an excellent place to live if you’re raising kids. The town is served by the Whitefish School District, which includes two elementary schools, one middle school and one high school. Additionally, Whitefish is home to Flathead Valley Community College, which offers a range of two-year degree programs and vocational training opportunities.

The median income in the town is $64,595 and the unemployment rate is at 4%. While most living costs, such as food and medical care, are on par with national and statewide averages, real estate prices in the region are high. According to Zillow, the average cost for a home in the Whitefish area is a whopping $851,573.

Methodology

Many lovely places in Montana offer the same benefits, such as an outstanding landscape and an easy-going lifestyle.

To begin with, we chose locations in all parts of the state. We then researched such statistics as cost of living, average income and housing. We chose places that provide good schools and medical services. Finally, we considered the recreational opportunities each town had to offer.

FAQs

What are the main things to know before moving to Montana?

Here are a few considerations you should take into account if you're considering moving to the state of Montana:

Get ready to be cold. They say if you live in Montana for long enough, you'll see it snow every month of the year. Winter is long and summers are short.
Montana is known for its wide open spaces. Residents can enjoy activities such as skiing, hiking, fishing, hunting and camping. The state is home to two extraordinary parks: Glacier National Park and part of Yellowstone.
Much of Montana is made up of small towns and communities where residents know each other and have strong ties to their local area. They share a deep appreciation for the state's natural beauty.
Montana's economy is mainly based on agriculture, mining and tourism. The state has a low unemployment rate, but wages are generally lower than the national average.
Montana has diverse wildlife, including grizzly bears, wolves, elk and bison. Residents must know the potential for wildlife encounters and take precautions to stay safe.

Is Montana a good city for elders?

Senior citizens have diverse needs and preferences, so it really depends. It's very common for seniors to move to warm states like Florida and the Carolinas in the east and Arizona in the west. Moving to a cold place is much less popular. Seniors who enjoy outdoor recreational activities are likely to love living in Montana. Because it's a relatively inexpensive place to live, it's hospitable for people on a fixed income.

How much is the living cost in Montana?

By most accounts, Montana ranks somewhere in the 30s on the list of cheapest places to live. Naturally, it depends on where in the state you live. According to the Bureau of Economic Analysis, Montana's cost of living per household is just over $42,310 per year, while the national average is around $62,000.

What is the best way to move to Montana?

Moving anywhere is a complicated proposition. We advise you to take the common sense steps you'd take before moving to any destination:

Research Montana's larger cities (there aren't very many of them) and small towns. Decide whether you prefer a more urban or rural lifestyle.
Unless you're retired or self-employed, you'll need to find a job in Montana before you move. Research job opportunities online or work with a staffing agency to find job openings in the state.
Once you know where you want to go, start looking for a place to live. Before buying a home, you may consider renting for a while to get a feel for the area.
Find a reputable mover. That's the best way to ensure a smooth move to your new Montana home.

Bottom line

Montana boasts some of the most picturesque landscapes in the United States, making it a popular destination for nature lovers and outdoor enthusiasts.

From the scenic beauty of Glacier National Park to the lively college towns, Montana has a wide range of cities and towns to choose from.

When picking the best place to live in Montana, consider factors such as employment opportunities, cost of living, quality of education, and access to healthcare.

Overall, Montana’s small-town charm, friendly locals, and natural beauty make it a great place to call home for those seeking a slower pace of life and a connection to nature.

noel