Cost of Living: Billings, MT vs Salem, OR
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,122/mo in Billings, MT versus $3,939/mo in Salem, OR. In the model, rent is about 15.98% of gross in Billings, MT versus 19.29% in Salem, OR, so Billings, MT tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Billings, MT and Salem, OR.
At a glance
- Cheaper overall (lower cost-of-living index): Billings, MT
- Lower rent (median 1BR/2BR): Billings, MT
- Lower home prices: Billings, MT
- Higher median household income: Salem, OR
Cost of Living Index
Billings, MT: 100 (U.S. = 100) · Salem, OR: 104.2 (U.S. = 100)
Billings, MT has a lower cost-of-living index than Salem, OR, so a given salary generally stretches further there.
Median Rent
Billings, MT: $1,042/mo (midpoint of 1BR/2BR) · Salem, OR: $1,257/mo
Median rent in Salem, OR is $215/mo higher than in Billings, MT.
Median Home Price
Billings, MT: $311,800 · Salem, OR: $382,400
Median home price in Salem, OR is $70,600 higher than in Billings, MT.
Median Household Income
Billings, MT: $71,855 · Salem, OR: $71,900
Salem, OR has a higher median household income than Billings, MT by $45.
Billings, MT overview · Salem, OR overview · Popular comparisons