
The Best and Worst Places to Retire in Montana
When it comes to choosing a place to retire, you have to consider the cost of living, home prices, and the social scene.
While Montana may not be as well-known as Florida or Colorado for retirement, there's a hidden gem in the state that's ideal for retirees.
Helena: A Prime Destination for Retirees
According to a recent report from GoBankingRates.com, Helena has been identified as the top spot for retirees in Montana. The study factored in the population, cost of living, and mortgage affordability.
With an average household retirement income of $28,914 and Social Security benefits averaging $21,621, Helena offers a manageable cost of living. The total monthly cost of living in Helena is approximately $1,685, providing retirees with a budget-friendly environment to maintain their lifestyle.
Additionally, the average value of a single-family home in Helena is $473,556, making it an attractive option for property investment. With a livability score of 81, Helena ensures residents a high quality of life.
Belgrade: Less Favorable for Retirees
On the other hand, Belgrade ranks as the least favorable city for retirees in Montana. Despite households with retirement income averaging $38,274, households receiving Social Security income have a notably lower average income of $16,426. The average monthly total cost of living in Belgrade is $1,782, slightly higher compared to Helena.

Retirees in Belgrade also face higher monthly mortgage costs, averaging $3,418. The average single-family home value in Belgrade stands at $573,779, presenting challenges for retirees looking to purchase property. Also, Belgrade has a livability score of 77, indicating a slightly lower quality of life compared to Helena.
The 10 best and 10 worst states to retire
Gallery Credit: Bankrate/New Jersey 101.5
USA Today's Top 10 Best Cities To Retire
Gallery Credit: Kyle Matthews