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Real Estate Agent Salary in Montana: Cost of Living Adjusted (2024)

What does a Real Estate Agent salary really buy you in Montana?

Montana is 9.7% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$56,670
Median annual (2024)
+10.7%
Real Purchasing Power
$62,757
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Real Estate Agent earning $56,670 in Montana has the equivalent purchasing power of $62,757 in an average-cost US state.

MT: 90.3
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Montana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $34,850 $38,593 +$3,743
25th Percentile (P25) $43,230 $47,873 +$4,643
Median (P50) $56,670 $62,757 +$6,087
75th Percentile (P75) $95,200 $105,426 +$10,226
90th Percentile (P90) $205,140 $227,176 +$22,036
Key Insight

A Real Estate Agent in Montana earns $56,670 on paper, but low living costs mean your money goes 11% further — like earning $62,757 in an average-cost state. This makes Montana one of the best value states for this occupation.

Best States for Real Estate Agent (After Cost of Living)

Where does Real Estate Agent salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$90,557
RPP 107.6
$87,681
RPP 91.0
3. Alaska
$84,117
RPP 102.0
4. Vermont
$81,730
RPP 101.1
$77,851
RPP 109.4
$70,109
RPP 109.8
$69,706
RPP 88.7
$64,517
RPP 89.2
9. Montana
$62,757
RPP 90.3
$61,829
RPP 88.0

Montana ranks #9 out of 48 states for Real Estate Agent after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Agent in Montana after cost of living?

A Real Estate Agent in Montana earns a median salary of $56,670 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $62,757 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Real Estate Agent in Montana: $56,670 x (100 / 90.3) = $62,757. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Real Estate Agent in Montana financially?

From a purchasing power perspective, yes. A Real Estate Agent in Montana enjoys 10.7% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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