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Cost question

Is Butte, MT expensive to live in?

A direct, data-backed answer using cost-of-living exposure, housing cost signals, rent pressure, and income context where the public dataset supports it.

Cost-of-living risk

65

/ 100

V2 relative score

Higher scores indicate higher cost pressure relative to the selected geography scope.

Direct answer

It appears more expensive than many comparable places.

Butte, MT has a cost-of-living risk score of 65, which is above the middle of comparable county-level locations. The data points to meaningful cost pressure, especially when housing costs consume a larger share of local income. City-level cost data is incomplete, so this answer uses the county baseline that contains Butte.

Top drivers in this score

  • Rent growth (YoY)

    +6.5%

    Risk pressure percentile: 82

  • Median home value

    $255,200

    Risk pressure percentile: 72

  • Rent as % of household income

    28.9%

    Risk pressure percentile: 63

How this compares

Relative risk score64.9
Median (county-level locations)50.0
Delta vs median+14.9

Approximate percentile: 65 of 100

Coverage and confidence

Scope usedCounty baseline
Metric coverage5/5
ConfidenceModerate confidence

City-level metrics were incomplete, so this score uses a nearby regional baseline.

Cost signals

  • Median gross rent$863
  • Median home value$255,200
  • Median monthly housing costs$932
  • Rent as % of household income28.9%
  • Rent growth (YoY)+6.5%
  • Median household income$61,754

Scope: County baseline | Source: ACS 2023-2024 5-year | 2024

Why this matters

Cost of living affects financial risk because fixed costs can absorb income before households address debt, savings, transportation, healthcare, or emergency expenses. A higher score means local cost signals create more financial pressure relative to comparable places.

View full cost risk detail →

Common follow-up questions

Is Butte, MT expensive to live in?

Butte, MT has a cost-of-living risk score of 65, which is above the middle of comparable county-level locations. The data points to meaningful cost pressure, especially when housing costs consume a larger share of local income. City-level cost data is incomplete, so this answer uses the county baseline that contains Butte.

What cost data is used for Butte?

FinancialRiskIQ uses public indicators such as median gross rent, monthly housing costs, home value, rent-to-income ratio, and rent growth when available. The current answer uses county baseline data from ACS 2023-2024 5-year (2024).

Why can a city answer use county or state data?

Some public financial datasets are not complete at city level. When city-level metrics are missing, FinancialRiskIQ falls back to county or state baselines and labels that scope so users know exactly what geography is being used.