Cost of Living in Riverbend, MT

With a cost of living index of 100, Riverbend, 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. Riverbend is a small community of 505 residents.

Housing costs are the biggest factor in Riverbend's cost of living. The median monthly rent is $1,042 (21% below the US median of $1,319), and the median home value sits at $428,000 (40% above the national median of $304,900). At current prices, the median home costs roughly 6.9x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Riverbend is $62,250, which is 17% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Riverbend. 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.

Everyday prices in the Missoula, 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.