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Colstrip, MT vs Columbia Falls, MT

68
Colstrip
Montana
VS
-26%
91
Columbia Falls
Montana

There is a significant gap in the cost of living between these two cities. Colstrip is 26% cheaper than Columbia Falls. With a cost index of 68 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colstrip to Columbia Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colstrip is $632/month compared to $1,003/month in Columbia Falls — a 37% difference. Home values follow the same pattern: Colstrip is more affordable at $193,700 median vs $346,700.

Median household income in Colstrip is $86,000 compared to $65,313 in Columbia Falls (+31.7%). Colstrip offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colstrip spend roughly 8.8% of their income on rent, less than the 18.4% in Columbia Falls.

Income & Cost

Cost of Living Index
Colstrip
68
26% cheaper
Columbia Falls
91
Median Household Income
Colstrip
$86,000
24% higher
Columbia Falls
$65,313

Housing

Median Rent
Colstrip
$632
37% cheaper
Columbia Falls
$1,003
Median Home Value
Colstrip
$193,700
44% cheaper
Columbia Falls
$346,700
Population
Colstrip
2,156
Columbia Falls
5,531

Salary Equivalency Calculator

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