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Baker, MT vs Lolo, MT

72
Baker
Montana
VS
-24.7%
96
Lolo
Montana

There is a significant gap in the cost of living between these two cities. Baker is 24.7% cheaper than Lolo. With a cost index of 72 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baker to Lolo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baker is $772/month compared to $1,126/month in Lolo — a 31% difference. Home values follow the same pattern: Baker is more affordable at $198,800 median vs $353,700.

Median household income in Baker is $78,971 compared to $73,700 in Lolo (+7.2%). Baker offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Baker spend roughly 11.7% of their income on rent, less than the 18.3% in Lolo.

Income & Cost

Cost of Living Index
Baker
72
25% cheaper
Lolo
96
Median Household Income
Baker
$78,971
7% higher
Lolo
$73,700

Housing

Median Rent
Baker
$772
31% cheaper
Lolo
$1,126
Median Home Value
Baker
$198,800
44% cheaper
Lolo
$353,700
Population
Baker
1,535
Lolo
4,378

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Baker
Lolo $2.96
US $3.07
🥚
Eggs (grade A, large)
Baker
Lolo $2.41
US $2.50
🥛
Milk (whole)
Baker
Lolo $3.88
US $4.03
🍞
Bread (white)
Baker
Lolo $1.79
US $1.85
🍗
Chicken breast
Baker
Lolo $4.00
US $4.14
Electricity
Baker
Lolo $0.14
US $0.19