Cost of Living in Missoula, MT
Population: 75,600 • 2026 Data
$65,329
Median Household Income
-16% vs national
$1,120
Median Monthly Rent
-17% vs national
$427,400
Median Home Value
+26% vs national
4.7%
Unemployment Rate
Housing in Missoula
The median home value in Missoula, MT is $427,400. Monthly rent for a typical unit averages $1,120, while total monthly housing costs (including utilities and insurance) average $1,245.
Rent-to-income ratio: 20.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Missoula, MT is $65,329. The unemployment rate stands at 4.7%, with a labor force of 46,677 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.