๐Ÿ’ฐ COL Index: 103 โ€” Near Avg Cost

Salaries in Helena, MT

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$57,519
across 27 roles
COL-Adjusted Avg
$55,844
real purchasing power
Top Paying Role
Software Developer
$128,405
1BR Rent
$1,081
median monthly

Hereโ€™s a counterintuitive truth about Helena: its unemployment rate is just 2.6%, but youโ€™ll still find a surprising number of remote software developers pulling in six figures. The state capital isnโ€™t just about government jobs anymore. Itโ€™s a quiet hub for tech talent that doesnโ€™t want to pay Seattle prices.

Letโ€™s talk purchasing power. Helenaโ€™s cost of living sits at 103.0, which is barely above the national average. But thatโ€™s the whole story. A $1,081 one-bedroom rent seems manageable on a median household income of $69,341, right? Itโ€™s a decent trade: youโ€™re not getting a bargain, but youโ€™re not getting squeezed either. The real magic is for high-earners. That $128,405 software developer salary feels like a national paycheck with Montana living expenses. Itโ€™s a quiet wealth-building strategy.

Who actually thrives here? Government is still the big employer, with the state and federal presence providing stability. But the real growth is in professional services and healthcare. St. Peterโ€™s Health and the state government are the giants, but youโ€™ll find a growing cluster of accounting and tech firms serving them. The cityโ€™s 50.4% bachelorโ€™s degree rate is high for Montana, feeding these skilled roles.

Hereโ€™s my honest take: wages aren't keeping pace with the national frenzy, but theyโ€™re holding steady against local costs. The catch? Helena isnโ€™t a bargain bin for coastal salaries. Itโ€™s a calculated move for people who value a specific lifestyleโ€”outdoor access, a tight communityโ€”and are in fields like nursing or accounting where the COL-adjusted pay still goes far. It wonโ€™t work for everyone, but for the right professional, itโ€™s a financial sweet spot.

The data below breaks down exactly whoโ€™s earning what, and how far those dollars stretch in this mountain town.

๐Ÿ† Top 5 Highest-Paying Jobs in Helena

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +1% vs national

Software Developer

$128,405
๐Ÿ’ก COL-Adjusted $124,665
โฑ Hourly $61.73/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +1% vs national

Accountant

$86,854
๐Ÿ’ก COL-Adjusted $84,324
โฑ Hourly $41.76/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +1% vs national

Registered Nurse

$86,844
๐Ÿ’ก COL-Adjusted $84,315
โฑ Hourly $41.75/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ +1% vs national

Elementary School Teacher

$64,243
๐Ÿ’ก COL-Adjusted $62,372
โฑ Hourly $30.89/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +1% vs national

Electrician

$62,103
๐Ÿ’ก COL-Adjusted $60,294
โฑ Hourly $29.86/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Helena

COL-Adjusted Salary = Raw salary divided by the cost of living index (103/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $128,405
2 Accountant $86,854
3 Registered Nurse $86,844
4 Elementary School Teacher $64,243
5 Electrician $62,103
6 Real Estate Agent $62,033
7 Heavy Truck Driver $53,567
8 Nursing Assistant (CNA) $50,449
9 Paralegal $50,449
10 Welder $50,449
11 Dental Hygienist $50,449
12 Project Manager $50,449
13 Police Officer $50,449
14 Graphic Designer $50,449
15 Data Analyst $50,449
16 Plumber $50,449
17 Construction Manager $50,449
18 Carpenter $50,449
19 Physical Therapist $50,449
20 Human Resources Specialist $50,449
21 Financial Analyst $50,449
22 Pharmacist $50,449
23 HVAC Technician $50,449
24 Web Developer $50,449
25 Firefighter $50,449
26 Marketing Manager $50,449
27 Medical Assistant $50,449

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Helena

๐Ÿ 
1BR Rent
$1,081/mo
๐Ÿก
2BR Rent
$1,351/mo
๐Ÿ˜๏ธ
Median Home
$408,150
๐Ÿ“‰
Unemployment
2.6%
๐Ÿ’ณ
Median Income
$69,341
๐ŸŽ“
College Educated
50%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
103
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Helena?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Helena. Enter your salary and see exactly how far your money goes.

โ“ Helena Salary FAQ

What is the average salary in Helena, MT?

โ–ผ
Across 40 occupations, the average salary is $57,519. This figure is 17% below the median household income of $69,341, indicating a wide income distribution in the city.

What jobs pay the most in Helena?

โ–ผ
The highest paying role is Software Developer at $128,405. This salary is more than double the citywide average, highlighting a significant premium for tech skills in the local market.

Is Helena affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $128,405 is highly affordable in Helena. The cost of living index is 103.0, and a 1BR apartment rents for $1,081/month, leaving ample room for savings and discretionary spending.

How does Helena's cost of living affect my paycheck?

โ–ผ
Helena's cost of living index is 103.0, meaning it is 3% more expensive than the national average. A $57,519 salary here has the purchasing power of approximately $55,844 nationally, slightly reducing your effective take-home value.

What salary do you need to live comfortably in Helena?

โ–ผ
To live comfortably, a salary around $69,341 aligns with the median household income. This level supports a 1BR rent of $1,081/month and other expenses while providing a buffer for savings, given the moderate cost of living.

๐Ÿ“ Editor's Verdict: Is Helena Worth It?

Helena looks affordable on paper, but the math is tight. With a $57,519 average salary and rent around $1,081, youโ€™re not drowning, but youโ€™re not thriving without a plan. Tech is the clear exception: Software Developer hits $128,405, and even after a 103.0 cost-of-living index, the adjusted pay ($124,665) keeps you ahead. Healthcare and trades can do fine if you specialize or stack overtime, but youโ€™ll feel the squeeze on generic roles.

My verdict: Helena is worth it financially if youโ€™re in tech or have a high-demand skill that commands premium pay. Otherwise, itโ€™s a nice place with modest upside. If youโ€™re considering the move, secure the job before you move and negotiate hardโ€”local salaries vary more than the averages suggest.

Explore Helena Further