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Cost of Living in Essex, MT

Population: 57 | Montana

100
Cost of Living Index
US Average = 100

Essex is 0% less expensive than the national average.

100
Housing
108
Home Values
93
Regional Price

Cost of Living in Essex, MT: What You Need to Know

With a cost of living index of 100, Essex, MT is right around the national average in cost. Living here is 0% cheaper than the national average and 11% above the Montana state average of 89. Essex is a small community of 57 residents.

The median household income in Essex is $73,393, which is 2% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Essex. The area sees an average annual temperature of 39.5°F, with summers averaging 57°F and winters around 23°F. Annual rainfall totals 26.1 inches spread over roughly 151 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.

Income

Median Household Income
$73,393
vs US Median ($75,149)
-2%

Housing

Median Home Value
$329,200
Median Monthly Housing Cost
$888/mo

Climate in Essex

NOAA 30-year normals (1991-2020)

39.5°F
Avg Temperature
26.1"
Rainfall / Year
151d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 32 31 38 46 56 63 73 73 63 49 37 31
Avg °F 23 23 29 37 46 52 60 59 51 40 31 24
Low °F 15 15 20 28 35 42 46 45 39 32 25 17
Rain" 2.1 2.1 2.5 2.5 2.8 3.1 1.2 1.3 1.6 2.2 2.7 2.1

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