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Broadus, MT vs Hobson, MT

63
Broadus
Montana
VS
+4.3%
61
Hobson
Montana

Broadus, MT and Hobson, MT have a very similar cost of living, with only a 4.3% difference in their overall index. Broadus scores 63 while Hobson scores 61 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Broadus is $588/month compared to $619/month in Hobson — a 5% difference. Interestingly, home values tell a different story: while Broadus has cheaper rent, Hobson actually has lower median home values ($112,500 vs $155,900).

Median household income in Broadus is $54,792 compared to $34,750 in Hobson (+57.7%). While Broadus is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broadus spend roughly 12.9% of their income on rent, less than the 21.4% in Hobson.

Income & Cost

Cost of Living Index
Broadus
63
Hobson
61
4% cheaper
Median Household Income
Broadus
$54,792
37% higher
Hobson
$34,750

Housing

Median Rent
Broadus
$588
5% cheaper
Hobson
$619
Median Home Value
Broadus
$155,900
Hobson
$112,500
28% cheaper
Population
Broadus
426
Hobson
145

Salary Equivalency Calculator

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