Cost of living in Lewistown research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lewistown is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Montana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lewistown is 86, with 100 being the average.
The cost of living index in Lewistown is 0.9x lower than the national average.
Lewistown ranks as the #1 cheapest in Montana out of 23.
Lewistown ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Lewistown is $120,300.
The median income in Lewistown is $37,588.
According to the most recent data on the cost of living, Lewistown has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Montana, Lewistown has a cost of living index that's 0.8x lower than Montana's index of 103.
The standard of living in Lewistown ranks as #1 most affordable out of the 23 places we measured in Montana. By definition, that implies Lewistown ranks as the #22 most expensive place in the Treasure State.
For more reading on life in Lewistown, check out:
Six factors go into calculating the cost of living index in Lewistown. Here is how it fairs on each of the criteria:
The Services index in Lewistown is 97.
The Groceries index in Lewistown is 102.
The Health index in Lewistown is 103.
The Housing index in Lewistown is 63.
The Transportation index in Lewistown is 97.
The Utilities index in Lewistown is 88.
Living Expense | Lewistown | Montana | National Average | |
---|---|---|---|---|
Overall | 86 | 103 | 100 | |
Services | 97 | 102 | 100 | |
Groceries | 102 | 101 | 100 | |
Health | 103 | 98 | 100 | |
Housing | 63 | 107 | 100 | |
Transportation | 97 | 111 | 100 | |
Utilities | 88 | 89 | 100 |
Housing swings affordability the most between places in Montana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lewistown is $120,300.
The Median Rent in Lewistown is $761.
The Median Income in Lewistown is $37,588.
The Home Value To Income in Lewistown is 3.2x.
The Rent To Monthly Income in Lewistown is 0.24x.
Statistic | Lewistown | Montana | United States |
---|---|---|---|
Median Home Value | $120,300 | $263,700 | $244,900 |
Median Rent | $761 | $886 | $1,163 |
Median Income | $37,588 | $60,560 | $69,021 |
Home Value To Income | 3.2x | 4.4x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Lewistown. Here's a quick look at the cost of living in the most populous nearby places:
Quincy, IL has a cost of living index of 83, 1.0x Lewistown.
Monroe, NC has a cost of living index of 97, 1.1x Lewistown.
Kirksville, MO has a cost of living index of 85, 1.0x Lewistown.
City | Population | Cost Of Living | Vs. Lewistown |
---|---|---|---|
Quincy, IL | 39,687 | 83 | 1.0x |
Monroe, NC | 34,464 | 97 | 1.1x |
Kirksville, MO | 17,600 | 85 | 1.0x |
Hannibal, MO | 17,165 | 86 | 1.0x |
Fort Madison, IA | 10,340 | 82 | 1.0x |
Keokuk, IA | 9,977 | 78 | 0.9x |
Macon, MO | 5,459 | 84 | 1.0x |