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Red Lodge, MT vs Victor, MT

87
Red Lodge
Montana
VS
+6%
82
Victor
Montana

Victor is moderately more affordable than Red Lodge, with a 6% lower cost of living index. Red Lodge scores 87 compared to 82 for Victor, where the US average is 100. This difference means residents of Red Lodge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Red Lodge is $805/month compared to $954/month in Victor — a 16% difference. Interestingly, home values tell a different story: while Red Lodge has cheaper rent, Victor actually has lower median home values ($247,500 vs $374,900).

Median household income in Red Lodge is $43,857 compared to $51,898 in Victor (-15.5%). Victor 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, less than the 22.1% in Victor.

Climate-wise, Red Lodge is notably warmer with an average of 48.2°F compared to 45.2°F in Victor. Red Lodge receives more rainfall at 14.3" per year compared to 14.1" in Victor.

Income & Cost

Cost of Living Index
Red Lodge
87
Victor
82
6% cheaper
Median Household Income
Red Lodge
$43,857
Victor
$51,898
15% higher

Housing

Median Rent
Red Lodge
$805
16% cheaper
Victor
$954
Median Home Value
Red Lodge
$374,900
Victor
$247,500
34% cheaper
Population
Red Lodge
2,399
Victor
948

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Red Lodge $2.96
Victor
US $3.07
🥚
Eggs (grade A, large)
Red Lodge $2.41
Victor
US $2.50
🥛
Milk (whole)
Red Lodge $3.88
Victor
US $4.03
🍞
Bread (white)
Red Lodge $1.79
Victor
US $1.85
🍗
Chicken breast
Red Lodge $4.00
Victor
US $4.14
Electricity
Red Lodge $0.14
Victor
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Red Lodge 48.2°F
Victor 45.2°F
Summer High
Red Lodge 87°F
Victor 85°F
Winter Low
Red Lodge 18°F
Victor 18°F
Rainfall
Red Lodge 14.3"
Victor 14.1"
Rainy Days
Red Lodge 97d
Victor 124d