Libby, MT vs Thompson Falls, MT

Thompson Falls is moderately more affordable than Libby, with a 9.4% lower cost of living index. Libby scores 71 compared to 65 for Thompson Falls, where the US average is 100. This difference means residents of Libby can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Libby is $679/month compared to $575/month in Thompson Falls — a 18% difference. Home values follow the same pattern: Thompson Falls is more affordable at $182,200 median vs $218,500.

Median household income in Libby is $39,261 compared to $53,203 in Thompson Falls (-26.2%). Thompson Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Libby spend roughly 20.8% of their income on rent, more than the 13% in Thompson Falls.

Climate-wise, both cities share similar average temperatures (38.6°F vs 38.6°F). Thompson Falls receives more rainfall at 45.1" per year compared to 45.1" in Libby.