States › Montana › Butte-Silver Bow

Is Butte-Silver Bow, MT expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26028% lower than U.S. average
💵 Families earn per year (2026)$66,713about $5,559/month · 23% lower than U.S. average
🔑 House price$257,80023% lower than U.S. average

Butte-Silver Bow is the 5th-largest city in Montana that we track, with 35,052 residents. Rent is lower than in 72% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are short, about 16.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $50,400 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Montana cities?

No. Rent here is more expensive than in most of Montana. It is number 14 of 27 cities from cheapest to most expensive.

Butte-Silver Bow
$1,260
$1,649
$1,508
$2,039
$1,534
$2,408

How much do households earn in Butte-Silver Bow?

Under $25k
18.5%
$25k–50k
24.0%
$50k–100k
36.4%
$100k–150k
10.2%
$150k+
4.8%

Share of households by yearly income. 15.0% of households earn $100,000 or more.

Rent by apartment size in Butte-Silver Bow

SizeButte-Silver BowU.S. average
Studio$672$1,338
1 bedroom$737$1,324
2 bedrooms$1,005$1,509
3 bedrooms$1,216$1,698
4 bedrooms$1,659$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Butte-Silver Bow overall?

Everyday prices in Montana overall are 5% below the U.S. average (index 94.6, U.S. = 100).

Housing
85
Goods (food, clothes…)
96
Utilities
72
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Butte-Silver Bow, so the Montana figure is shown.

Taxes and bills in Butte-Silver Bow

🏛️ Property tax$2,517a year · 0.98% of home value · U.S. $3,119
⚡ Electric bill$133a month (typical) · U.S. $156

Life in Butte-Silver Bow

Commute to work16.9 minU.S.: 26.4 min
College degree28.1%U.S.: 35.7%
Own their home70.7%U.S.: 65.2%
Below poverty line14.8%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

Is it cheaper to rent or buy in Butte-Silver Bow?

Renting is cheaper right now: about $529 a month less.

Renting
$1,260
Owning
$1,789

Owning assumes a typical $257,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,780 for the down payment.

Frequently asked questions

What is the average rent in Butte-Silver Bow, MT?

Renting in Butte-Silver Bow costs a median of about $1,260 a month in 2026, including utilities. The Montana median is $1,260.

How much do I need to make to live in Butte-Silver Bow?

To keep rent under 30% of income, you need about $50,400 a year, or $24 an hour at a full-time job.

Is Butte-Silver Bow cheap or expensive?

Butte-Silver Bow is rated OK: rent takes 22.7% of the typical household income of $66,713. It ranks 14th cheapest of 27 Montana cities we track.

How much are property taxes in Butte-Silver Bow?

The median homeowner in Butte-Silver Bow pays $2,517 a year in property taxes, about 0.98% of the median home value.

Is Butte-Silver Bow more expensive than the national average?

Overall prices in Montana are 5% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Butte-Silver Bow?

The median home value in Butte-Silver Bow is $257,800, about 3.9 times the typical yearly household income.

35,052 people live in Butte-Silver Bow. Numbers are typical (middle) values.