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Sheridan, MT vs Townsend, MT

97
Sheridan
Montana
VS
+22.4%
79
Townsend
Montana

There is a significant gap in the cost of living between these two cities. Townsend is 22.4% cheaper than Sheridan. With a cost index of 79 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Townsend to Sheridan should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Sheridan are $298,600 compared to $212,800 in Townsend, a 40% gap.

Median household income in Sheridan is $83,264 compared to $70,774 in Townsend (+17.6%). The higher salaries in Sheridan partially offset the cost difference, but don't fully close the gap.

Climate-wise, Townsend is notably warmer with an average of 45.5°F compared to 41.8°F in Sheridan. Townsend receives more rainfall at 11.4" per year compared to 9.8" in Sheridan.

Income & Cost

Cost of Living Index
Sheridan
97
Townsend
79
18% cheaper
Median Household Income
Sheridan
$83,264
15% higher
Townsend
$70,774

Housing

Median Rent
Sheridan
Townsend
$976
Median Home Value
Sheridan
$298,600
Townsend
$212,800
29% cheaper
Population
Sheridan
788
Townsend
2,232

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Sheridan 41.8°F
Townsend 45.5°F
Summer High
Sheridan 82°F
Townsend 86°F
Winter Low
Sheridan 13°F
Townsend 14°F
Rainfall
Sheridan 9.8"
Townsend 11.4"
Rainy Days
Sheridan 80d
Townsend 91d