Cost of Living in Carlton, MT

With a cost of living index of 124, Carlton, MT is a notably expensive place to live. Living here is 24% more expensive than the national average and 36% above the Montana state average of 89. Carlton is a small community of 497 residents.

The median household income in Carlton is $81,648, which is 9% higher than the national median of $75,149.

Everyday prices in the Missoula, MT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.