Whoever made this list needs to do some more research.

Living in Montana

It used to be a reasonably priced place to live.

Montana has gone through drastic changes in the past decade.

Many of Montana's towns and cities with tourist seasons have seen an influx of new residents, which has caused the housing market to skyrocket.

high end house
Photo by Thirsty Turf Irrigation via Unsplash
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Condos, townhomes, and homes that used to be affordable for folks with decent jobs are now unattainable in today's market.

Some believe affordable housing could help, but others think folks should find jobs that pay them more.

The only problem with that is Montana doesn't have a lot of high-paying jobs, and many new residents have fantastic jobs but work remotely.

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Photo by Krzystof Hepner via Unsplash
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Which city in Montana is the most expensive? We might have that answer.

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Most Expensive City in Montana

There are a few places in contention with this title.

You would think there would be an easy answer, but we are wrong.

GOBankingRates made a list of the Most Expensive Cities in Every State, and Montana's answer was mind-blowing.

According to them, the most expensive city in Montana is Billings.

1st Ave North where it meets 27th Street in Downtown Billings
Ashley Warren/Getty Images
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Really?

The methodology they used to find the answer was the cost of living, the housing market, and a few other factors, but that doesn't make sense.

Billings is one of the cheapest cities to live in Montana.

Billings has a fair housing market and cost of living.

billings
Photo by Daniel Jerez via Unsplash
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Many folks have left other Montana cities to live there because it's cheaper.

Actual Expensive Cities in Montana

Where are the most expensive cities in Montana?

Bozeman, Missoula, Big Sky, and Whitefish are the obvious answers.

Aerial View of Downtown Bozeman, Montana in Summer
Jacob Boomsma/Getty images
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Bozeman and Missoula have housing markets that will make you spit out water.

Whitefish and Big Sky are only towns in Montana, but their housing markets could rival ski areas in Colorado.

Maybe one day, these lists will get something right.

LOOK: Cities With The Most Expensive Homes In Montana

Stacker compiled a list of cities with the most expensive homes in Montana using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of August 2024. The charts in this story were created automatically using Matplotlib.

Gallery Credit: Stacker

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