Cost of Living in Trego, MT

With a cost of living index of 84, Trego, MT is a very affordable place to live. Living here is 16% cheaper than the national average and 5% below the Montana state average of 89. Trego is a small community of 856 residents.

Housing costs are the biggest factor in Trego's cost of living. The median monthly rent is $875 (34% below the US median of $1,319), and the median home value sits at $300,000 (2% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Trego is $91,667, which is 22% higher than the national median of $75,149. Residents spend roughly 11% 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 Trego. The area sees an average annual temperature of 39.5°F, with summers averaging 57°F and winters around 23°F. Annual rainfall totals 26.1 inches spread over roughly 151 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.