Charlo, MT vs Philipsburg, MT

There is a significant gap in the cost of living between these two cities. Charlo is 15.2% cheaper than Philipsburg. With a cost index of 71 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charlo to Philipsburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlo is $833/month compared to $871/month in Philipsburg — a 4% difference. Home values follow the same pattern: Charlo is more affordable at $162,500 median vs $304,200.

Median household income in Charlo is $39,107 compared to $40,096 in Philipsburg (-2.5%). Philipsburg 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 Charlo spend roughly 25.6% of their income on rent, less than the 26.1% in Philipsburg.