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Helena Valley Northwest, MT vs Red Lodge, MT

111
Helena Valley Northwest
Montana
VS
+28.4%
87
Red Lodge
Montana

There is a significant gap in the cost of living between these two cities. Red Lodge is 28.4% cheaper than Helena Valley Northwest. With a cost index of 87 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Red Lodge to Helena Valley Northwest should plan for substantially higher expenses across most categories.

On the housing front, median rent in Helena Valley Northwest is $1,640/month compared to $805/month in Red Lodge — a 104% difference. Interestingly, home values tell a different story: while Red Lodge has cheaper rent, Helena Valley Northwest actually has lower median home values ($358,600 vs $374,900).

Median household income in Helena Valley Northwest is $101,278 compared to $43,857 in Red Lodge (+130.9%). While Helena Valley Northwest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Helena Valley Northwest spend roughly 19.4% of their income on rent, less than the 22% in Red Lodge.

Climate-wise, both cities share similar average temperatures (45.5°F vs 48.2°F). Red Lodge receives more rainfall at 14.3" per year compared to 11.4" in Helena Valley Northwest.

Income & Cost

Cost of Living Index
Helena Valley Northwest
111
Red Lodge
87
22% cheaper
Median Household Income
Helena Valley Northwest
$101,278
57% higher
Red Lodge
$43,857

Housing

Median Rent
Helena Valley Northwest
$1,640
Red Lodge
$805
51% cheaper
Median Home Value
Helena Valley Northwest
$358,600
4% cheaper
Red Lodge
$374,900
Population
Helena Valley Northwest
5,070
Red Lodge
2,399

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Helena Valley Northwest 45.5°F
Red Lodge 48.2°F
Summer High
Helena Valley Northwest 86°F
Red Lodge 87°F
Winter Low
Helena Valley Northwest 14°F
Red Lodge 18°F
Rainfall
Helena Valley Northwest 11.4"
Red Lodge 14.3"
Rainy Days
Helena Valley Northwest 91d
Red Lodge 97d