Lolo, MT vs Thompson Falls, MT

The cost of living difference between Lolo, MT and Thompson Falls, MT is dramatic. Thompson Falls is 47.7% cheaper than Lolo, a gap that translates to thousands of dollars per year in household expenses. Lolo has a cost index of 96 while Thompson Falls sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lolo is $1,126/month compared to $575/month in Thompson Falls — a 96% difference. Home values follow the same pattern: Thompson Falls is more affordable at $182,200 median vs $353,700.

Median household income in Lolo is $73,700 compared to $53,203 in Thompson Falls (+38.5%). The higher salaries in Lolo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lolo spend roughly 18.3% of their income on rent, more than the 13% in Thompson Falls.

Climate-wise, Lolo is notably warmer with an average of 45.2°F compared to 38.6°F in Thompson Falls. Thompson Falls receives more rainfall at 45.1" per year compared to 14.1" in Lolo.