Drummond, MT vs Loma, MT
There is a significant gap in the cost of living between these two cities. Drummond is 16.4% cheaper than Loma. With a cost index of 68 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Drummond to Loma should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Drummond are $210,000 compared to $110,800 in Loma, a 90% gap.
Median household income in Drummond is $44,375 compared to $48,577 in Loma (-8.7%). The higher salaries in Loma partially offset the cost difference, but don't fully close the gap.
Climate-wise, both cities share similar average temperatures (43°F vs 43.6°F). Drummond receives more rainfall at 12.1" per year compared to 11.8" in Loma.
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Housing
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Climate
NOAA 30-year normals (1991-2020)