📈 Investment & Retirement Calculators Montana

Montana Retirement Calculator

Plan your retirement in Montana. Factor in higher cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Montana Quick Facts

5.9% Income Tax Rate

0.84% Property Tax Rate

$60,560 Median Income

101.6 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Montana. Montana taxes retirement income at rates up to 5.9%. Cost of living index: 101.6 (100 = national avg). Desired income is pre-filled based on 80% of Montana's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Montana: Montana taxes retirement income at rates up to 5.9%. Cost of living: 101.6/100. Property tax: 0.84%. Median home: $425,000. Average home insurance: $2,200/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Montana a good state to retire in?

Montana's state income tax of up to 5.9% may reduce retirement income significantly. Cost of living is near the national average. Median home price: $425,000.

How much do I need to retire in Montana?

Using the 4% rule, to generate $4,037/month (80% of Montana median income) you'd need approximately $1,211,200 saved. Adjust up or down based on your lifestyle and housing costs.