Lockwood, MT vs Malmstrom AFB, MT
Lockwood is moderately more affordable than Malmstrom AFB, with a 12.3% lower cost of living index. Lockwood scores 82 compared to 94 for Malmstrom AFB, where the US average is 100. This difference means residents of Malmstrom AFB can expect to pay noticeably more for everyday expenses, housing, and services.
Renters will find that Lockwood has a median rent of $995/month while Malmstrom AFB comes in at $1,195/month, a 17% difference.
Median household income in Lockwood is $74,451 compared to $64,079 in Malmstrom AFB (+16.2%). 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 Lockwood spend roughly 16% of their income on rent, less than the 22.4% in Malmstrom AFB.
Climate-wise, Lockwood is notably warmer with an average of 48.2°F compared to 44.6°F in Malmstrom AFB. Malmstrom AFB receives more rainfall at 14.8" per year compared to 14.3" in Lockwood.
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