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College Cost Planning in Red Lodge, MT 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Red Lodge, Montana. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Red Lodge as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$7,700

per year

Avg Private Tuition

$28,000

per year

Avg Rent Near Campus

$960

per month

Local Cost Market

1

benchmark points

Red Lodge Overview

Population

2,337

Student Population

500 (21.4%)

Cost of Living Index

92.8 (avg: 100)

Walk Score

33/100

Transit Score

18/100

Unemployment Rate

3.3%

College Cost Calculator for Red Lodge

Cost Inputs

Total Cost (4 Years, Public In-State)

$85,148

Total After Financial Aid

$85,148

Annual Cost

$21,287

Annual After Aid

$21,287

Cost Breakdown (4 Years)

Tuition$30,800
Room & Board$54,348

If Financed (10-Year Loan at 6.5%)

Loan Amount$85,148
Monthly Payment$967
Total Interest$30,873
Total Loan Cost$116,021

Education Cost Benchmarks in Red Lodge

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

1

Public tuition

$7,700

Private tuition

$28,000

Community college

$5,629

Cost of Living in Red Lodge vs. National Average

CategoryRed LodgeNational AvgDifference
Public Tuition (In-State)$7,700$10,940-$3,240
Monthly Rent Near Campus$960$1,050-$90
Cost of Living Index92.8100-7.200000000000003

Red Lodge's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Red Lodge

33

Walk Score

Car-Dependent

18

Transit Score

Minimal Transit

21.4%

Student Population

500 students

Red Lodge has a total population of 2,337, with approximately 500 college students (21.4% of the population). As a major college town, Red Lodge offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.

Post-Graduation Outlook in Red Lodge

$37,313

Starting Salary

3.3%

Unemployment Rate

60%

Graduation Rate

~36.8 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Red Lodge earn a median starting salary of $37,313, which is $2,313 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 36.8 years to cover the investment. With average financial aid of $8,742 per student per year, the net cost can change materially by school and program.

Other Cities in Montana

Methodology & Education Data Sources for Red Lodge

How we compile Red Lodge college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Red Lodge institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Red Lodge's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Red Lodge, MT?

Average annual in-state public university tuition in Red Lodge is $7,700. Private university tuition averages $28,000, and community college tuition averages $5,629. When room and board ($13,587/year) is included, the total annual cost at a public university is approximately $21,287.

How many local cost benchmarks are used for Red Lodge, MT?

Red Lodge uses approximately 1 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 500, which represents 21.4% of the total population.

What is the average rent near campus in Red Lodge?

The average rent near college campuses in Red Lodge is approximately $960 per month. The city has a cost of living index of 92.8 (national average is 100), a walk score of 33, and a public transit score of 18. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Red Lodge?

College graduates in Red Lodge earn a median starting salary of $37,313. The local unemployment rate is 3.3%. With an average financial aid package of $8,742 per student and a 60% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Red Lodge, MT?

With a median starting salary of $37,313 and an average 4-year public university cost of $85,148 (including room and board), the modeled salary premium can recoup the net investment in about 36.8 years. The 60% graduation rate underscores the importance of choosing the right program and staying on track academically.

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