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Colstrip, MT vs Lincoln, MT

68
Colstrip
Montana
VS
-14.2%
79
Lincoln
Montana

Colstrip is moderately more affordable than Lincoln, with a 14.2% lower cost of living index. Colstrip scores 68 compared to 79 for Lincoln, where the US average is 100. This difference means residents of Lincoln can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colstrip is $632/month compared to $764/month in Lincoln — a 17% difference. Home values follow the same pattern: Colstrip is more affordable at $193,700 median vs $286,200.

Median household income in Colstrip is $86,000 compared to $45,912 in Lincoln (+87.3%). 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 20% in Lincoln.

Income & Cost

Cost of Living Index
Colstrip
68
14% cheaper
Lincoln
79
Median Household Income
Colstrip
$86,000
47% higher
Lincoln
$45,912

Housing

Median Rent
Colstrip
$632
17% cheaper
Lincoln
$764
Median Home Value
Colstrip
$193,700
32% cheaper
Lincoln
$286,200
Population
Colstrip
2,156
Lincoln
868

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colstrip
Lincoln $2.96
US $3.07
🥚
Eggs (grade A, large)
Colstrip
Lincoln $2.41
US $2.50
🥛
Milk (whole)
Colstrip
Lincoln $3.88
US $4.03
🍞
Bread (white)
Colstrip
Lincoln $1.79
US $1.85
🍗
Chicken breast
Colstrip
Lincoln $4.00
US $4.14
Electricity
Colstrip
Lincoln $0.14
US $0.19