Sheridan, MT vs Townsend, MT
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.
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Climate
NOAA 30-year normals (1991-2020)