5 Best Places to Retire in Montana

This article takes a look at the 5 best places to retire in Montana. If you wish to read our detailed analysis of the impact that climate change has on US retirement, you may go to 15 Best Places to Retire in Montana.

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5. Billings

Insider Monkey Score: 85

Livability: 77

Cost of Living Index: 95.8

Median House Price: $350,000

Starting off our list of the top five picks for the best places to retire in Montana is the city of Billings. Located in Yellowstone County, Billings is set on the Yellowstone River, offering its residents majestic water views. With a population of almost 120,000 at the time of the last United States Census, Billings is one of the largest cities on our list. Not only does this make it a great pick for senior citizens in search of city life, but it also means that they’ll be able to spend an active retirement with a range of amenities and entertainment outlets on hand.

4. Helena

Insider Monkey Score: 93

Livability: 81

Cost of Living Index: 98.6

Median House Price: $429,900

Our next pick is the state of Montana’s capital city, Helena. Located in Lewis and Clark County, the city of Helena offers a reasonable cost of living combined with a high livability score – the best of both for senior citizens on the move. Helena is best known for its rich history of gold mining, and today residents can partake in a range of indoor and outdoor activities. This includes visiting Spring Meadow Lake State Park, the Holter Museum of Art, and the Lewis & Clark Brewing Co. Brewery.

3. Glendive

Insider Monkey Score: 95

Livability: 74

Cost of Living Index: 83.4

Median House Price: $230,000

A college town, the city of Glendive is home to the Dawson Community College. Known for its efforts in agriculture and ranching, Glendive was first set up by the Northern Pacific Railway as the transcontinental railroad was constructed. The city boasts several activities, including the Glendive Dinosaur and Fossil Museum, the Cottonwood Country Club, and Greg’s Silver Dollar Casino. The cherry on top is the city’s affordable cost of living which makes it ideal for retirees on a smaller budget.

2. Great Falls

Insider Monkey Score: 96

Livability: 79

Cost of Living Index: 89.5

Median House Price: $326,000

Number two on our list is the Cascade County city of Great Falls. Commonly called ‘The Electric City’ after electric street lights were introduced in Great Falls, Great Falls exhibits the proud culture of the American West. Residents can visit the C.M. Russell Museum which is named after the artist Charles Marion Russell who created art around the American West. Great Falls also features a range of eateries that residents can dine at, including The Montana Club Restaurant and Jakers Bar and Grill.

1. Miles City

Insider Monkey Score: 97

Livability: 77

Cost of Living Index: 85.8

Median House Price: $235,000

Our number one pick for the best places to retire in Montana is none other than Miles City. Located in Custer County, the city held a population of less than 8,500 at the time of the last United States Census. The city is an ideal destination for retirees living on a smaller monthly budget, such as a Social Security income. Residents can visit the Vintage and Rustics antique store, the WaterWorks Art Museum, and the Eastern Montana Fairgrounds to experience a day out and about in the city.

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