Livingston, MT vs Lockwood, MT
Lockwood is moderately more affordable than Livingston, with a 10.6% lower cost of living index. Livingston scores 91 compared to 82 for Lockwood, where the US average is 100. This difference means residents of Livingston can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Livingston is $987/month compared to $995/month in Lockwood — a 1% difference. Interestingly, home values tell a different story: while Livingston has cheaper rent, Lockwood actually has lower median home values ($250,900 vs $348,700).
Median household income in Livingston is $65,187 compared to $74,451 in Lockwood (-12.4%). Lockwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Livingston spend roughly 18.2% of their income on rent, more than the 16% in Lockwood.
Climate-wise, both cities share similar average temperatures (45.5°F vs 48.2°F). Livingston receives more rainfall at 14.5" per year compared to 14.3" in Lockwood.
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