Red Lodge, MT vs Trego, MT

Red Lodge, MT and Trego, MT have a very similar cost of living, with only a 3.6% difference in their overall index. Red Lodge scores 87 while Trego scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Red Lodge is $805/month compared to $875/month in Trego — a 8% difference. Interestingly, home values tell a different story: while Red Lodge has cheaper rent, Trego actually has lower median home values ($300,000 vs $374,900).

Median household income in Red Lodge is $43,857 compared to $91,667 in Trego (-52.2%). Trego offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Red Lodge spend roughly 22% of their income on rent, more than the 11.5% in Trego.

Climate-wise, Red Lodge is notably warmer with an average of 48.2°F compared to 39.5°F in Trego. Trego receives more rainfall at 26.1" per year compared to 14.3" in Red Lodge.