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Chester, MT vs Stanford, MT

66
Chester
Montana
VS
+10.3%
59
Stanford
Montana

Stanford is moderately more affordable than Chester, with a 10.3% lower cost of living index. Chester scores 66 compared to 59 for Stanford, where the US average is 100. This difference means residents of Chester can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chester is $662/month compared to $425/month in Stanford — a 56% difference. Interestingly, home values tell a different story: while Stanford has cheaper rent, Chester actually has lower median home values ($156,900 vs $170,100).

Median household income in Chester is $53,583 compared to $52,045 in Stanford (+3%). Chester 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 Chester spend roughly 14.8% of their income on rent, more than the 9.8% in Stanford.

Income & Cost

Cost of Living Index
Chester
66
Stanford
59
9% cheaper
Median Household Income
Chester
$53,583
3% higher
Stanford
$52,045

Housing

Median Rent
Chester
$662
Stanford
$425
36% cheaper
Median Home Value
Chester
$156,900
8% cheaper
Stanford
$170,100
Population
Chester
704
Stanford
266

Salary Equivalency Calculator

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