Overall
96.8
Below avg
Metro cost profile · 2024 BEA RPP
Great Falls, MT
Cost-of-living indicators for Great Falls, MT, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.
- 96.8
- Overall RPP
- #132
- of 387 metros
- 97.1
- Rents RPP
- $103K
- $100K national buys
Great Falls ranks #132 of 387 U.S. metros by cost, and its overall price index has risen 11.6 points since 2008.
- rising since 2008
- similar cost to Tucson
The verdict
Great Falls costs less than 34% of U.S. metros, an overall index of 96.8, 3.2% below the national average, with services the biggest swing at 73.0.
- bottom 66%
- by overall cost, nationwide
- 96.0
- goods RPP, tradable items
- 73.0
- services RPP, labor-priced
A $100,000 national salary carries the purchasing power of about $103,258 here; matching a $100K lifestyle takes roughly $96,845.
Service-cost relief profile
How Great Falls's cost structure works
Services provide the strongest cost offset in Great Falls: their index is 73.0, farther below the national baseline than rents or tradable goods. The overall RPP of 96.8 therefore has a different source than a place with cheaper housing instead.
Across all reported metros, the closest component-profile matches are Missoula, MT, St. George, UT, Helena, MT. They resemble Great Falls across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.
Across 2008-2024, Great Falls's overall index has risen by 11.6 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.
Great Falls vs every U.S. metro
Where this metro sits in the national cost distribution
97 Top 34% higher than 66% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024
Great Falls cost breakdown
BEA RPP by category, 100 = national average
- Rents
Rents
97.1 RPP
- Services
Services
73 RPP
- Overall
Overall
96.8 RPP
- Goods
Goods
96 RPP
What this shows Great Falls's strongest departure is services at 73.0; goods follows at 96.0. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.
Goods vs. housing, where Great Falls's cost comes from
Metros near Great Falls's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Read the chart as text
- Great Falls (Great Falls, this metro): goods RPP 96, rents RPP 97.1
- Tucson: goods RPP 96.2, rents RPP 91.8
- Gainesville: goods RPP 96.3, rents RPP 93.5
- State College: goods RPP 100.7, rents RPP 85.7
- Milwaukee: goods RPP 93.8, rents RPP 97.1
- Gainesville: goods RPP 96.2, rents RPP 93
- Crestview: goods RPP 96.2, rents RPP 94.9
Price Index Summary
Goods
96.0
Below avg
Services
73.0
Cheap
Rents
97.1
Below avg
RPP History (2008-2024)
The cost of living has been trending upward, increasing by 11.6 points over this period. The largest single-year move was in 2011, when the index jumped 6.8 points from the year before.
Great Falls overall RPP, 2008-2024
Every year on record, national average = 100
| Year | Overall |
|---|---|
| 2008 | 85.3 |
| 2009 | 89.3 |
| 2010 | 85.0 |
| 2011 | 91.8 |
| 2012 | 92.3 |
| 2013 | 91.9 |
| 2014 | 92.1 |
| 2015 | 90.1 |
| 2016 | 88.0 |
| 2017 | 90.2 |
| 2018 | 91.8 |
| 2019 | 88.8 |
| 2020 | 87.0 |
| 2021 | 86.9 |
| 2022 | 91.2 |
| 2023 | 93.4 |
| 2024 | 96.8 |
Latest BEA release change
What changed from 2023 to 2024
Great Falls's overall RPP rose +3.4 points, from 93.4 in 2023 to 96.8 in 2024. The largest category movement was rents, changing from 89.1 to 97.1. This is a relative change against the national benchmark, not a household's dollar bill.
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$96,845
in Great Falls, MT purchasing power
$50,000 nationally
$48,423
$75,000 nationally
$72,634
$125,000 nationally
$121,056
$150,000 nationally
$145,268
$200,000 nationally
$193,690
Use the salary calculator for custom amounts.
Affordability score
D
27/100
How far the median local paycheck goes here, combining income and housing cost
Purchasing power
Not reported
Housing affordability D
27th percentile
A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.
Decision peers
Metros with a similar cost mix
These metros are closest to Great Falls's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.
Missoula, MT
Goods 96.0 · Services 72.1 · Rents 94.9 St. George, UT
Goods 96.4 · Services 77.7 · Rents 98.1 Helena, MT
Goods 96.0 · Services 72.6 · Rents 90.1 Nashville-Davidson--Murfreesboro--Franklin, TN
Goods 96.2 · Services 72.0 · Rents 104.6 Logan, UT-ID
Goods 96.4 · Services 77.9 · Rents 91.0 Coeur d'Alene, ID
Goods 96.2 · Services 70.8 · Rents 105.6
MT-relative analysis
Goods prices places Great Falls, MT near the bottom of MT's metros
Among the 5 MT metros PlainCost tracks with reported goods prices data, Great Falls, MT ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Great Falls, MT only against its own state's metros, not the full US field.
Goods prices
#1 of 5
0th percentile in MT
Services prices
#2 of 5
60th percentile in MT
Rent prices
#2 of 5
60th percentile in MT
Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within MT only, not a livability score.
Nationwide metros with similar overall cost or rent prices
Two BEA RPP-derived peer sets for Great Falls, MT: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.
Similar overall RPP
Nearest metros by overall regional price parity (96.8 here).
Similar rents RPP
Nearest metros by rents regional price parity (97.1 here).
Other MT Metros
View all MT metros → Cheapest in MT → Most expensive in MT →
Metros with Similar Cost of Living
These metros have an overall RPP closest to Great Falls, MT's index of 96.8.
Showing the 6 closest of 387 metro areas tracked nationally.
Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.
Compare to Other Metros
Shareable data card
Take this cost snapshot with you
Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.
What this means for Great Falls
How to read Great Falls's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay, a $100K national salary spends like about $103,258 in Great Falls. Salary calculator
- Start with services: it indexes at 73.0, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
- Compare Great Falls head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.
Frequently Asked Questions
What is the cost of living in Great Falls, MT?
Great Falls, MT has a Regional Price Parity (RPP) index of 96.8, meaning it is 3.2% less expensive than the national average. Goods are indexed at 96.0, services at 73.0, and rents at 97.1. It ranks #132 out of 387 U.S. metro areas by overall cost.
What salary do I need in Great Falls, MT to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $96,845 in Great Falls, MT. Conversely, $100K earned in Great Falls, MT has the purchasing power of $103,258 at the national average.
How expensive is rent in Great Falls, MT?
Rents in Great Falls, MT are indexed at 97.1, which is 2.9% below the national average. This is close to the U.S. average.
Is Great Falls, MT getting more expensive?
From 2008 to 2024, Great Falls, MT's overall cost index changed by +11.6 points (from 85.3 to 96.8). The cost of living has been trending upward.
What costs the most in Great Falls, MT?
The priciest category in Great Falls, MT is rents at 97.1, 2.9% below the national average, still the highest of the three categories. The most affordable category is services at 73.0, 27.0% below average.
What metros have a similar cost of living to Great Falls, MT?
Metros with the most similar overall cost index include Tucson, Gainesville, State College. These areas have RPP values within a few points of Great Falls, MT's 96.8.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.