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Homestead, MT vs Inverness, MT

86
Homestead
Montana
VS
-12%
98
Inverness
Montana

Homestead is moderately more affordable than Inverness, with a 12% lower cost of living index. Homestead scores 86 compared to 98 for Inverness, where the US average is 100. This difference means residents of Inverness can expect to pay noticeably more for everyday expenses, housing, and services.

Median household income in Homestead is $151,250 compared to $80,250 in Inverness (+88.5%). Homestead offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Inverness is notably warmer with an average of 43.6°F compared to 40.5°F in Homestead. Homestead receives more rainfall at 14.2" per year compared to 11.8" in Inverness.

Income & Cost

Cost of Living Index
Homestead
86
12% cheaper
Inverness
98
Median Household Income
Homestead
$151,250
47% higher
Inverness
$80,250

Housing

Median Rent
Homestead
Inverness
Median Home Value
Homestead
$162,500
Inverness
Population
Homestead
13
Inverness
31

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Homestead 40.5°F
Inverness 43.6°F
Summer High
Homestead 84°F
Inverness 86°F
Winter Low
Homestead -0°F
Inverness 7°F
Rainfall
Homestead 14.2"
Inverness 11.8"
Rainy Days
Homestead 105d
Inverness 90d