Laurel, MT vs Wolf Point, MT

There is a significant gap in the cost of living between these two cities. Wolf Point is 22.5% cheaper than Laurel. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wolf Point to Laurel should plan for substantially higher expenses across most categories.

On the housing front, median rent in Laurel is $953/month compared to $730/month in Wolf Point — a 31% difference. Home values follow the same pattern: Wolf Point is more affordable at $124,600 median vs $232,700.

Median household income in Laurel is $66,382 compared to $48,750 in Wolf Point (+36.2%). While Laurel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laurel spend roughly 17.2% of their income on rent, less than the 18% in Wolf Point.

Climate-wise, Laurel is notably warmer with an average of 48.2°F compared to 43°F in Wolf Point. Laurel receives more rainfall at 14.3" per year compared to 12.2" in Wolf Point.