Housing costs in Lolo?
A typical home costs
$478,100, which is 41.4% more expensive than the national average of
$338,100 and 8.2% more expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Lolo costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 9.2% more than the state average of
$990.
Can I afford Lolo?
To live comfortably in Lolo, Montana, a minimum annual income of
$91,440 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Lolo?
Living in Lolo, MT is relatively affordable compared to larger cities and towns. The median home value in the area is around $255,000, which is much lower than the national average. In addition, median rent in Lolo is roughly $900 per month, and groceries are more cost-effective due to the local agriculture. There are also many employment opportunities available due to the diverse economic activity in the area. All in all, living in Lolo provides a good balance of affordability and quality of life that make it an attractive place to live.