Retirees will discover 2 of the United States’s most majestic National Parks, Yellowstone and Glacier, are tucked into Montana’s extraordinary landscape. The state is home to towering, snow-capped mountains, gushing rivers and streams and windswept fields teeming with wildflowers.
Active, outdoor-loving retirees will have their day planners filled with activities: fishing, fly fishing, boating, horseback riding, hiking, bird watching, bicycling, camping and skiing are just some of the state’s most popular pursuits.
Con: Cold, snowy winters
Best For: Outdoors lovers
Cost of Living: 4% higher than national average
Median Home Cost: $169,700
Top State Income Tax: 6.9%
Cost of living in Montana is slightly higher than the national average, but median housing prices are reasonable, at $169,700, and real estate in many smaller towns can be priced even lower. Additionally, there is no sales tax in Montana, however, the top income tax is 6.9%, and the state does tax Social Security income, and retirement income after a certain, small amount.
Retirees heading to Montana in their golden years best be cold weather lovers. The high altitude climate means that winters can be frigid and snowy, though summers – in particular, August – are typically mild and pleasant. Additionally, it’s important to be aware of how remote many parts of the state can seem. With a population of less than 1 million, large swaths of land remain undeveloped which can be both idyllic, and very remote.
Photo by Valerie Conners. All rights reserved. All statistics were up to date as of publication. See these sources for the most current data.