Cost of Living in Deer Lodge, MT

Population 3,035 · Montana · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Deer Lodge is a smaller Montana community of around 3000 residents, where median household incomes of $53,676 and housing costs ($196,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Geographically, Deer Lodge lies roughly 205 miles west of the nearest major metro, Billings. Median home values run roughly 37% lower than Billings' $312,000.

Cost Overview

Housing 64
Rent 59

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Deer Lodge

The median home value in Deer Lodge is $196,400 — 36% below the national median of $305,000. Median rent runs $781/month, 41% lower than the national median of $1,314/month. The median household income of $53,676/year is 28% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Montana's top state income tax rate is 6.8% and the combined sales tax is 0.0%. Overall, Deer Lodge has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$196,400
36% below avg
Zillow Home Value
$327,155
Zillow ZHVI
Median Rent
$781/mo
41% below avg
Price-to-Rent Ratio
21.0x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$930
1 BR
$1,018
2 BR
$1,266
3 BR
$1,671
4 BR
$1,925
Owner-occupied 64.7%
Renter-occupied 35.3%

💰 Estimated Monthly Budget

Rent median rent
$781
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,395/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.2 min
40% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.7%

Commute Mode

Drove alone
88.1%
Carpooled
3.1%
Walked
3.1%
Work from home
3.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.8%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$53,676
28% below avg
Per Capita Income
$31,527
Unemployment Rate
2.3%
52% below avg
Poverty Rate
8.1%
Labor Force Participation
49.3%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 6.3%

👥 Demographics

Median Age 53.2
Male median age 49.5
Female median age 57

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 14 — Good
91.7%
Good air days/yr
115
Max AQI recorded
109
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
12.8:1
Student-teacher ratio
3
Public schools
587
Total enrollment

Frequently Asked Questions

What is the cost of living in Deer Lodge, MT?

Deer Lodge has a cost index of 62 (100 = national average). It is 38% below the national average.

What is average rent in Deer Lodge, MT?

The median gross rent in Deer Lodge is $781 per month based on 2023 Census data.

What is the average home price in Deer Lodge?

The median home value in Deer Lodge is $196,400 according to Zillow and Census data.

What is the median income in Deer Lodge?

The median household income in Deer Lodge is $53,676 per year (2023 ACS 5-year estimates).

What is the sales tax in Deer Lodge, MT?

The combined state and local sales tax rate in Deer Lodge is 0.0%. The Montana state income tax top rate is 6.8%.

Is Deer Lodge, MT affordable?

Yes, Deer Lodge is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.