Great Falls, Montana, is an affordable destination, particularly for physicians considering relocation. According to Sperling’s Best Places, the overall cost of living in Great Falls is about 85.0, significantly below the national average of 100, meaning living expenses are approximately 15% lower than the U.S. average. This affordability is reflected across various expense categories, most notably in housing. Additionally, Montana’s lack of state sales tax and moderate property taxes—around 0.85% of the home’s assessed value—provide further savings, ensuring a higher disposable income. The state income tax rate ranges from 1% to 6.9%, offering a competitive financial landscape for residents.
Great Falls’ housing market is both affordable and diverse, with a median home price of around $230,000, making it an attractive investment compared to other Montana cities like Bozeman and Billings, where prices are considerably higher. Rental costs are also favorable, with the average two-bedroom apartment renting for about $900 per month. The city offers a wide range of housing options, from historic homes downtown to family-friendly neighborhoods like Meadowlark Country Club and Fox Farm. For luxury living, neighborhoods like Big Bend and Skyline offer larger homes with scenic views. Nearby towns such as Belt and Cascade provide even more budget-friendly housing while maintaining access to Great Falls’ amenities.
Safety is a key feature of life in Great Falls, which boasts lower crime rates compared to nearby major cities. Neighborhoods like Fox Farm, Meadowlark Country Club, and Riverview are known for their safety and family-friendly atmosphere. The Great Falls Police Department plays a proactive role in maintaining public safety, and the city’s strong community engagement, well-maintained infrastructure, and comprehensive emergency services contribute to a secure environment. Compared to larger cities like Billings or Spokane, Great Falls offers a relaxed and safe lifestyle, ideal for physicians and their families seeking a peaceful yet connected community.