Colstrip, MT vs Troy, MT

Colstrip, MT and Troy, MT have a very similar cost of living, with only a 4.2% difference in their overall index. Colstrip scores 68 while Troy scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Colstrip is $632/month compared to $573/month in Troy — a 10% difference. Home values follow the same pattern: Troy is more affordable at $182,100 median vs $193,700.

Median household income in Colstrip is $86,000 compared to $36,641 in Troy (+134.7%). While Colstrip is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colstrip spend roughly 8.8% of their income on rent, less than the 18.8% in Troy.