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Colstrip, MT vs Park City, MT

68
Colstrip
Montana
VS
-18.9%
83
Park City
Montana

There is a significant gap in the cost of living between these two cities. Colstrip is 18.9% cheaper than Park City. With a cost index of 68 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colstrip to Park City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colstrip is $632/month compared to $1,091/month in Park City — a 42% difference. Home values follow the same pattern: Colstrip is more affordable at $193,700 median vs $228,700.

Median household income in Colstrip is $86,000 compared to $73,750 in Park City (+16.6%). 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 17.8% in Park City.

Income & Cost

Cost of Living Index
Colstrip
68
19% cheaper
Park City
83
Median Household Income
Colstrip
$86,000
14% higher
Park City
$73,750

Housing

Median Rent
Colstrip
$632
42% cheaper
Park City
$1,091
Median Home Value
Colstrip
$193,700
15% cheaper
Park City
$228,700
Population
Colstrip
2,156
Park City
934

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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