Lockwood, MT Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
97
Lockwood's Overall Cost Of Living
1.0x
Lower Than The National Average
9 out of 22
In Montana
2,808 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lockwood is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lockwood, MT?

According to the most recent data on the cost of living, Lockwood has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.

Compared to only Montana, Lockwood has a cost of living index that's 1.0x lower than Montana's index of 100.

The standard of living in Lockwood ranks as #2,809 most affordable out of the 6,522 places we measured in Montana. By definition, that implies Lockwood ranks as the #3,597 most expensive place in the Treasure State.

For more reading on life in Lockwood, check out:

Lockwood Cost Of Living Vs. Montana

Living Expense Lockwood Montana National Average
Overall 97 100 100
Services 106 106 100
Groceries 104 104 100
Health 95 95 100
Housing 91 99 100
Transportation 91 91 100
Utilities 86 86 100
For more reading on cost of living around Montana, check out:
Lockwood Cost of Living Vs. MT

Lockwood, MT Housing Cost Breakdown

Housing swings affordability the most between places in Montana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$195,900
Median Home Value
$895
Median Rent
$57,542
Median Income
Statistic Lockwood Montana United States
Median Home Value $195,900 $230,600 $217,500
Median Rent $895 $810 $1,062
Median Income $57,542 $54,970 $62,843
Home Value To Income 3.4x 4.2x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x

Detailed Lockwood Services Costs Vs. Montana

Item Lockwood Montana
Shampoo $1.11 $1.01
Movie $11.3 $10.72
Bowling $14.28 $13.86

Detailed Lockwood Groceries Costs Vs. Montana

Item Lockwood Montana
Ground Beef $3.99 $3.9
Fried Chicken $1.5 $1.4
Milk $1.91 $1.96

Detailed Lockwood Health Costs Vs. Montana

Item Lockwood Montana
Haircut $18.42 $17.49
Beauty Salon $35.04 $38.17
Toothpaste $2.42 $2.32

Detailed Lockwood Transportation Costs Vs. Montana

Item Lockwood Montana
Potatoes $4.41 $3.18
Pizza $12.02 $10.39
Beer $8.54 $9.23
Optometrist $132.98 $106.34
Doctor $96.5 $115.25
Dentist $96.5 $98.38

Detailed Lockwood Utilities Costs Vs. Montana

Item Lockwood Montana
Gasoline $2.6 $2.59
Tire Balancing $38.3 $48.9
All Electricity $131.71 $167.6
Phone $173.32 $163.42

Lockwood SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
7
Diversity
7
Safety
N/A
Amenities
6
Education
7
Commute
8.5

Cost Of Living In Cities Around Lockwood

City Population Cost Of Living Vs. Lockwood
Billings, MT 109,595 100 1.0x
Laurel, MT 6,834 95 1.0x

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