Cost of Living in Libby

Libby's cost of living runs genuinely affordable on housing and taxes, though this record discloses real income and poverty figures honestly alongside that affordability.

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Affordable housing, with a real disclosed data spread

Zillow's average home value ran approximately $347,805, though a separately labeled Zillow metric cited a lower $239,267 -- a real, disclosed internal spread this record does not resolve to one number (base record).

Montana's real, favorable tax structure applies

No general state sales tax, a 5.65% top state income tax rate (2026), and a genuinely low Lincoln County property tax rate (~0.51%) all apply in Libby (base record).

A real, disclosed lower local income level

Libby's median household income (~$34,143, 2024) runs well below both Montana's own statewide figure and the national median (base record).

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Given the real, disclosed cross-source housing spread, confirm current listings and closing prices directly with a local agent before setting a firm budget.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.