Cost of Living in Clyde Park, MT

With a cost of living index of 83, Clyde Park, MT is a very affordable place to live. Living here is 17% cheaper than the national average and 6% below the Montana state average of 89. Clyde Park is a small community of 364 residents.

Housing costs are the biggest factor in Clyde Park's cost of living. The median monthly rent is $1,012 (23% below the US median of $1,319), and the median home value sits at $237,500 (22% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Clyde Park is $57,813, which is 23% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.