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Chester, MT vs Lima, MT

66
Chester
Montana
VS
-25.2%
88
Lima
Montana

There is a significant gap in the cost of living between these two cities. Chester is 25.2% cheaper than Lima. With a cost index of 66 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chester to Lima should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Chester are $156,900 compared to $183,100 in Lima, a 14% gap.

Median household income in Chester is $53,583 compared to $53,906 in Lima (-0.6%). Lima does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Chester
66
25% cheaper
Lima
88
Median Household Income
Chester
$53,583
Lima
$53,906
1% higher

Housing

Median Rent
Chester
$662
Lima
Median Home Value
Chester
$156,900
14% cheaper
Lima
$183,100
Population
Chester
704
Lima
237

Salary Equivalency Calculator

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