Hot Springs is a small town of 613 in Montana, with a median household income of $21,806
and a 9.5% unemployment rate.
Its cost of living index is 87 (US average = 100), which is
13% below the national average.
Strengths:
Hot Springs stands out for an affordable cost of living, below-average home prices, lower-than-average crime, short average commutes.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Hot Springs is right for you depends on your priorities — the full breakdown is below.
All Hot Springs city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 86.9
Hot Springs's overall cost of living index is 86.9,
where 100 represents the US national average.
Living in Hot Springs costs roughly 13% less than the average American city.
Metric
Hot Springs, MT
National Avg
Median Home Value
$122,000
$244,900
Median Monthly Rent
$588
$1,163
Homeownership Rate
55.4%
65.9%
Median Household Income
$21,806
$74,755
Crime & Safety
Safer than Average
Hot Springs's violent crime rate is 471.7 per 100,000 residents
— 24% higher than the national average of ~380 per 100,000.
Violent Crime
471.7 /100k
Property Crime
628.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Hot Springs is served primarily by Hot Springs K-12.
The student-to-teacher ratio is 12.6:1
(better than the national average of ~16:1).
Metric
Hot Springs, MT
National Avg
School District
Hot Springs K-12
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
12.6:1
16:1
Bachelor's Degree or Higher
14.9%
35.4%
High School Diploma or Higher
81.1%
91.1%
Weather & Climate
Hot Springs sees average highs of 32.2°F in January
and 83.0°F in July,
with 15.7 inches of annual precipitation
and 33.6 inches of snow per year.
Hot Springs's cost of living index is 87, where 100 is the national average.
That makes Hot Springs roughly 13% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $122,000 and median rent is $588/month.
Hot Springs's violent crime rate is 471.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 628.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hot Springs are operated by Hot Springs K-12.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 12.6:1. 14.9% of adults 25+ hold a bachelor's degree or higher.
Hot Springs, MT has a population of 613, a median household income of $21,806, and an unemployment rate of 9.5%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hot Springs averages 32.2°F in January and 83.0°F in July. Annual rainfall is 15.7 inches
with about 33.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Hot Springs, Montana is 613 with a median age of 52.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hot Springs: cost of living index 87 (100 = US average), median home $122,000, median household income $21,806, crime index 86 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Hot Springs side by side with your current city to see the trade-offs.
