Cost of Living in New Miami Colony, MT
Population: 309 | Montana
New Miami Colony is 9% less expensive than the national average.
Cost of Living in New Miami Colony, MT: What You Need to Know
With a cost of living index of 91, New Miami Colony, MT is slightly more affordable than average. Living here is 9% cheaper than the national average and 3% above the Montana state average of 89. New Miami Colony is a small community of 309 residents.
The median household income in New Miami Colony is $2,499, which is 97% lower than the national median of $75,149. 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 New Miami Colony. The area sees an average annual temperature of 41.8°F, with summers averaging 62°F and winters around 23°F. Annual rainfall totals 10.8 inches spread over roughly 77 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
- $2,499
- vs US Median ($75,149)
- -97%
Housing
- Median Home Value
- $230,000
- Median Monthly Housing Cost
- $292/mo
Climate in New Miami Colony
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 34 | 43 | 52 | 62 | 70 | 80 | 80 | 69 | 54 | 41 | 33 |
| Avg °F | 22 | 23 | 31 | 40 | 50 | 58 | 65 | 64 | 54 | 42 | 31 | 23 |
| Low °F | 11 | 12 | 20 | 28 | 37 | 45 | 50 | 48 | 40 | 30 | 20 | 13 |
| Rain" | 0.2 | 0.2 | 0.4 | 1.0 | 1.7 | 2.7 | 1.3 | 1.0 | 1.1 | 0.6 | 0.4 | 0.3 |