Cost of Living in Dixon, MT

With a cost of living index of 68, Dixon, MT is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 20% below the Montana state average of 89. Dixon is a small community of 270 residents.

Housing costs are the biggest factor in Dixon's cost of living. The median monthly rent is $740 (44% below the US median of $1,319), and the median home value sits at $159,400 (48% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in Dixon is $43,750, which is 42% lower than the national median of $75,149. Residents spend roughly 20% 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.

Climate is another factor for anyone considering a move to Dixon. The area sees an average annual temperature of 47.7°F, with summers averaging 67°F and winters around 30°F. Annual rainfall totals 16.4 inches spread over roughly 111 days.

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.