Loma, MT Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Loma cost of living score
78.6
Less expensive
21.4% lower
than the US average
21.4% lower
than the Montana average
Loma, Montana gets a BestPlaces Cost of Living score of 78.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.4% lower than the U.S. average and 21.4% lower than the average for Montana.

Loma, MT

Housing costs in Loma?
A typical home costs $195,500, which is 42.2% less expensive than the national average of $338,100 and 55.7% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Loma costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 16.5% cheaper than the state average of $990.

Can I afford Loma?
To live comfortably in Loma, Montana, a minimum annual income of $37,440 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Loma?
Living in Loma, MT is relatively inexpensive when compared to other areas in the US. The median housing costs are about $200,000, which is well below the national median price of around $250,000. Additionally, taxes are relatively low and utility prices are significantly lower than many other parts of the country. Groceries can be purchased for a reasonable price within the city limits and there are also plenty of local restaurants with affordable meals. In conclusion, Loma is an affordable place to live and offers its residents a comfortable standard of living at an affordable cost.
   Cost of living score
     CategoriesLomaMontanaUnited States
  78.6100.0100.0
  9599.6100
  102.499.6100.0
  39.8121.3100.0
  $195,500$441,800$338,100
  98.6%90.7%100.0%
  71.275.2100.0
  84.490.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Loma, MT cost of living
Compare food, housing, utilities, and more in Loma, Montana to any other city in the US.