Cost of Living in Pablo, MT

With a cost of living index of 75, Pablo, MT is a very affordable place to live. Living here is 25% cheaper than the national average and 13% below the Montana state average of 89. Pablo is a small community of 1,808 residents.

Housing costs are the biggest factor in Pablo's cost of living. The median monthly rent is $715 (46% below the US median of $1,319), and the median home value sits at $255,200 (16% below the national median of $304,900). At current prices, the median home costs roughly 6.6x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Pablo is $38,430, which is 49% lower than the national median of $75,149. Residents spend roughly 22% 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 Pablo. 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.