Cost of Living in Hebgen Lake Estates, MT

With a cost of living index of 120, Hebgen Lake Estates, MT is a notably expensive place to live. Living here is 20% more expensive than the national average and 31% above the Montana state average of 89. Hebgen Lake Estates is a small community of 53 residents.

The median household income in Hebgen Lake Estates is $29,261, which is 61% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Hebgen Lake Estates. The area sees an average annual temperature of 32°F, with summers averaging 52°F and winters around 13°F. Annual rainfall totals 23.1 inches spread over roughly 160 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Bozeman, 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.