Cost of Living in Great Falls, MT
Population: 60,412 • 2026 Data
$63,934
Median Household Income
-17% vs national
$866
Median Monthly Rent
-36% vs national
$237,400
Median Home Value
-30% vs national
3.1%
Unemployment Rate
Housing in Great Falls
The median home value in Great Falls, MT is $237,400. Monthly rent for a typical unit averages $866, while total monthly housing costs (including utilities and insurance) average $963.
Rent-to-income ratio: 16.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Great Falls, MT is $63,934. The unemployment rate stands at 3.1%, with a labor force of 30,931 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.