Cost of Living in Havre North, MT

With a cost of living index of 67, Havre North, MT is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 22% below the Montana state average of 89. Havre North is a small community of 880 residents.

Housing costs are the biggest factor in Havre North's cost of living. The median monthly rent is $786 (40% below the US median of $1,319), and the median home value sits at $125,600 (59% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Havre North is $36,695, which is 51% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Havre North. The area sees an average annual temperature of 43.6°F, with summers averaging 67°F and winters around 20°F. Annual rainfall totals 11.8 inches spread over roughly 90 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.