Cost of Living in Wise River, MT
Population: 24 | Montana
Wise River is 7% more expensive than the national average.
Cost of Living in Wise River, MT: What You Need to Know
With a cost of living index of 107, Wise River, MT is somewhat more expensive than average. Living here is 7% more expensive than the national average and 19% above the Montana state average of 89. Wise River is a small community of 24 residents.
The median household income in Wise River is $54,375, which is 28% lower than the national median of $75,149.
Climate is another factor for anyone considering a move to Wise River. The area sees an average annual temperature of 40.1°F, with summers averaging 60°F and winters around 20°F. Annual rainfall totals 12.8 inches spread over roughly 107 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
- $54,375
- vs US Median ($75,149)
- -28%
Housing
- Median Home Value
- $421,400
- Median Monthly Housing Cost
- $950/mo
Climate in Wise River
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 44 | 51 | 61 | 70 | 81 | 80 | 69 | 54 | 40 | 31 |
| Avg °F | 20 | 22 | 32 | 39 | 48 | 56 | 64 | 62 | 53 | 41 | 28 | 19 |
| Low °F | 8 | 10 | 19 | 26 | 34 | 41 | 46 | 44 | 37 | 27 | 16 | 7 |
| Rain" | 0.4 | 0.4 | 0.6 | 1.3 | 2.0 | 2.5 | 1.2 | 1.3 | 1.1 | 0.8 | 0.6 | 0.5 |