Executive Financial Report: Cooke City (59020)
Evaluating relocation options in Park? The financial benchmark for residing in Cooke City, MT (59020) indicates that a single worker needs roughly $3,346 monthly ($40,147.21 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $745 per month—just 22% of baseline expenses—Cooke City offers exceptionally competitive housing costs compared to wider metropolitan averages across Montana.
Local earnings in Cooke City (59020) demonstrate strong purchasing power. The area median family income of $76,416 significantly exceeds the annual baseline living threshold ($40,147.21) by a ratio of 1.90x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $291 per month in Cooke City. Direct tax liabilities consume an estimated $555 monthly (17% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Cooke City (59020) presents a distinct economic profile within Park. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.