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Cost of Living in Garrison, MT (59731)

Executive Financial Report: Garrison (59731)

Evaluating relocation options in Powell? The financial benchmark for residing in Garrison, MT (59731) indicates that a single worker needs roughly $2,978 monthly ($35,738.599 annually) to maintain an adequate standard of living.

With typical rent and housing utilities averaging an affordable $514 per month—just 17% of baseline expenses—Garrison offers exceptionally competitive housing costs compared to wider metropolitan averages across Montana.

Local earnings in Garrison (59731) demonstrate strong purchasing power. The area median family income of $69,767 significantly exceeds the annual baseline living threshold ($35,738.599) by a ratio of 1.95x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.

Tax obligations represent roughly 16% ($476/month) of baseline monthly spending in zip code 59731. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $281 monthly for single adults.

In summary, living in Garrison, MT requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 59731 against other US destinations.

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Total Monthly Cost$2,978Est. $35,739 / year
Housing / Rent$51417.3% of monthly budget
Food & Groceries$281Essential food benchmarks
Area Median Income$69,767Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$514
Food$281
Transportation$1,002
Healthcare$418
Taxes$476
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