Housing costs in Lockwood?
A typical home costs
$221,100, which is 34.6% less expensive than the national average of
$338,100 and 50.0% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Lockwood costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 2.9% more than the state average of
$990.
Can I afford Lockwood?
To live comfortably in Lockwood, Montana, a minimum annual income of
$42,480 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Lockwood?
The cost of living in Lockwood, MT is fairly reasonable. The median home price is around $250,000, which is significantly lower than the national average. Groceries and utilities are also lower than the national average, making Lockwood an attractive place to live for those on a budget. Additionally, taxes are relatively low in Lockwood and with no state income tax, residents can keep more of their hard earned money. In all, Lockwood is an affordable city to settle down in and establish a home.