Colstrip, MT vs Hamilton, MT

There is a significant gap in the cost of living between these two cities. Colstrip is 21.5% cheaper than Hamilton. With a cost index of 68 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colstrip to Hamilton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colstrip is $632/month compared to $958/month in Hamilton — a 34% difference. Home values follow the same pattern: Colstrip is more affordable at $193,700 median vs $299,800.

Median household income in Colstrip is $86,000 compared to $52,917 in Hamilton (+62.5%). 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 21.7% in Hamilton.