Zip 59847 (Lolo, MT) Cost of Living


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Lolo cost of living score
112.8
More expensive
12.8% higher
than the US average
12.8% higher
than the Montana average
Lolo (zip 59847), Montana gets a BestPlaces Cost of Living score of 112.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.8% higher than the U.S. average and 12.8% lower than the average for Montana.

Zip 59847 (Lolo, MT)

Housing costs in Lolo?
A typical home costs $466,000, which is 37.8% more expensive than the national average of $338,100 and 5.5% more expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Lolo costs $1,070 per month, which is 8.1% more than the national average of $990 and 4.7% cheaper than the state average of $1,120.

Can I afford Lolo?
To live comfortably in Lolo (zip 59847), Montana, a minimum annual income of $89,280 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Lolo?
The cost of living in 59847 Lolo, MT is relatively low compared to other locations. Housing prices are very affordable with the median home value being around $193,700. The cost of food and other basic necessities are also lower than the national average. Utilities such as electricity and water are also reasonably priced. In addition, the local tax rate is one of the lowest in the US at 6.71%. All these factors contribute to making 59847 Lolo, MT an attractive place for people who want to live comfortably at a lower cost.
   Cost of living score
     CategoriesLoloMontanaUnited States
  112.8100.0100.0
  103.999.6100
  101.799.6100.0
  148.8121.3100.0
  $466,000$441,800$338,100
  89.2%90.7%100.0%
  98.975.2100.0
  111.690.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime