Belgrade, MT vs Lockwood, MT

The cost of living difference between Belgrade, MT and Lockwood, MT is dramatic. Lockwood is 47.1% cheaper than Belgrade, a gap that translates to thousands of dollars per year in household expenses. Belgrade has a cost index of 121 while Lockwood sits at 82, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Belgrade is $1,582/month compared to $995/month in Lockwood — a 59% difference. Home values follow the same pattern: Lockwood is more affordable at $250,900 median vs $469,600.

Median household income in Belgrade is $88,896 compared to $74,451 in Lockwood (+19.4%). Belgrade does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Belgrade spend roughly 21.4% of their income on rent, more than the 16% in Lockwood.