Lockwood, MT vs Montana City, MT
There is a significant gap in the cost of living between these two cities. Lockwood is 26% cheaper than Montana City. With a cost index of 82 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lockwood to Montana City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lockwood is $995/month compared to $1,206/month in Montana City — a 18% difference. Home values follow the same pattern: Lockwood is more affordable at $250,900 median vs $519,100.
Median household income in Lockwood is $74,451 compared to $125,223 in Montana City (-40.5%). While Montana City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockwood spend roughly 16% of their income on rent, more than the 11.6% in Montana City.
Climate-wise, both cities share similar average temperatures (48.2°F vs 45.5°F). Lockwood receives more rainfall at 14.3" per year compared to 11.4" in Montana City.
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