Red Lodge, MT vs Troy, MT

The cost of living difference between Red Lodge, MT and Troy, MT is dramatic. Troy is 33.7% cheaper than Red Lodge, a gap that translates to thousands of dollars per year in household expenses. Red Lodge has a cost index of 87 while Troy 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 Red Lodge is $805/month compared to $573/month in Troy — a 41% difference. Home values follow the same pattern: Troy is more affordable at $182,100 median vs $374,900.

Median household income in Red Lodge is $43,857 compared to $36,641 in Troy (+19.7%). The higher salaries in Red Lodge partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Red Lodge spend roughly 22% of their income on rent, more than the 18.8% in Troy.

Climate-wise, Red Lodge is notably warmer with an average of 48.2°F compared to 38.6°F in Troy. Troy receives more rainfall at 45.1" per year compared to 14.3" in Red Lodge.