Inflation in Montana

3.2%
Regional CPI change
3.4%
National CPI change
Largest factor
Housing driver

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorMontanaUnited States
CPI change %3.23.4

National ranking

Montana ranks #32 of 46 states by cpi change.

#1Arizona2.4%
#2Nebraska2.6%
#3Iowa2.6%
#4Kansas2.6%
#5Wisconsin2.7%
#6West Virginia2.7%
#7Washington2.7%
#8Illinois2.8%
#9Arkansas2.8%
#10Michigan2.8%
#11Mississippi2.8%
#12Tennessee2.8%
#13Alabama2.8%
#14South Carolina2.8%
#15Missouri2.8%
#16Ohio2.9%
#17Indiana2.9%
#18Minnesota2.9%
#19Idaho2.9%
#20Massachusetts3%
#21Utah3%
#22Colorado3%
#23Oklahoma3%
#24North Carolina3%
#25New Jersey3.1%
#26Connecticut3.1%
#27Virginia3.1%
#28Delaware3.1%
#29Oregon3.1%
#30Georgia3.1%
#31Maine3.1%
#32Montana3.2%
#33New Hampshire3.2%
#34Rhode Island3.2%
#35New Mexico3.2%
#36California3.3%
#37Texas3.4%
#38Hawaii3.4%
#39New York3.4%
#40Kentucky3.8%
#41Louisiana4%
#42Florida4.9%
#43Alaska12%
#44Wyoming14
#45Vermont15
#46South Dakota92.4

Overview

Montana inflation, tracked via the Mountain West regional CPI, rose approximately 3.2% in 2023, driven mainly by housing costs. This Montana inflation trend closely paralleled national price pressures.

Did you know?

  • Housing costs have been the single largest driver of inflation in Montana in recent years.

Related data