Skyline of Great Falls
Cost of Living: 95 58,000

Great Falls, MT, US

Electric City on the Missouri River with the Lewis and Clark Interpretive Center.

Updated October 22, 2026

Overview

Great Falls is a city in MT with a population of 58,000. Electric City on the Missouri River with the Lewis and Clark Interpretive Center. Housing costs are close to the national average. Gardening thrives here — the 4a growing zone supports Cold — cool-season crops, hardy perennials. Reported crime rates are relatively low.

Last updated: October 22, 2026

Cost of Living 95

Below Average vs US Avg (100)

Housing Index 98

Affordable

Median Income $63,373

Household income

Unemployment 3.5%

Job market health

Great Falls vs US Average

Cost of Living
Great Falls: 95
US Avg: 100
Housing Index
Great Falls: 98
US Avg: 100
State Income Tax
Great Falls: 6.75%
US Avg: ~5%

Taxes

  • State Income Tax: 6.8%
  • Sales Tax: 0.0%

Economy & Jobs

  • Median Income: $63,373
  • Unemployment: 3.5%
  • Population: 58,000

Climate

  • Sunny Days: 185/year
  • Summer High: 86°F
  • Winter Low: 18°F
  • Farming Zone: USDA Zone 4a

Internet Speed

  • Average 200 Mbps: 200 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: $280,000
  • 1BR Rent: $1000/mo

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Cost of Living

Great Falls's cost of living index is 95 (US average = 100).

CategoryGreat FallsNational AverageDifference
Overall95100-5.0%
Housing98100-2.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$280,000
Median Rent (1BR)$1000/mo
Median Rent (2BR)$1,250/mo
Price per Sq Ft$186

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Great Falls:

UtilityEstimated Monthly CostNotes
Electricity$97Based on ~900 kWh/month typical US household usage
Heating & Cooling$58Estimated based on local climate. Gas or electric
Cooling (AC)$1Estimated based on local climate and electricity rates
Water$45Includes sewer
Internet (100+ Mbps)$75Broadband average
Garbage / Trash$30Private service
Total Utilities$306Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Great Falls scores 76/100 for remote work readiness:

Cost of Living
— 95
Rent
— $1000
Sunny Days
— 185
Tax
— 6.75%
Unemployment
— 3.5%
Climate
— 86°F / 18°F
Safety
— N/A
Population
— 58,000
Internet Speed
— 200 Mbps

Walkability

How easy it is to get around Great Falls without a car, based on the EPA National Walkability Index.

44 /100

Source: EPA National Walkability Index (2021)

Climate

Great Falls has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January38°F18°F2.5"
April71°F33°F2.8"
July86°F61°F1.5"
October66°F36°F2.2"
USDA Zone 4a

Cold — cool-season crops, hardy perennials

Natural Hazards

Great Falls faces the following natural hazards:

Wildfire High Risk

Frequent wildfire seasons.

Blizzard High Risk

Severe winter storms and blizzards.

Drought High Risk

Frequent drought conditions.

Landslide High Risk

Rocky Mountain region with landslides.

Avalanche High Risk

Rocky Mountains with frequent avalanches.

Earthquake Moderate Risk

Seismic activity in the Intermountain Seismic Belt.

Tornado Moderate Risk

Tornado risk.

Flood Moderate Risk

River and flash floods.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 6.75%
  • Sales Tax: 0%
  • Property Tax: ~0.83% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.5%.

Crime & Safety

Crime rates in Great Falls per 100,000 residents:

574.4
Violent Crime
3,426.4
Property Crime

Data source: FBI Uniform Crime Reporting

Schools & Education

71/100
School Quality Score
Better than 56% of US cities
?
20
Total Schools
8.0:1
Student:Teacher
85.9%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Great Falls is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
1.0%
Black or African American
1.2%
Hispanic or Latino
4.9%
Native American
3.9%
Native Hawaiian or Pacific Islander
0.0%
Other
0.4%
Two or more races
5.7%
White
82.9%

Education

Bachelor's degree or higher
28.3%
High school graduate
31.9%
Less than high school
5.8%
Some college
34.0%

Religion

Christian
60.0%
Other
7.0%
Unaffiliated
33.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Great Falls, MT, US?

The cost of living index in Great Falls is 95, which is Lower the US national average of 100.

How much does it cost to buy a home in Great Falls?

The median home price in Great Falls is $280,000. The housing index is 98.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Great Falls is approximately $1000/mo.

Does Great Falls, MT have income tax?

Great Falls is in MT, which has an income tax rate of 6.75%.

What is the climate like in Great Falls?

Great Falls enjoys approximately 185 sunny days per year. Summer highs reach around 86°F, while winter lows can drop to around 18°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: October 23, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.