Cost of Living: Bozeman, MT vs Missoula, MT

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,122/mo in Bozeman, MT versus $4,122/mo in Missoula, MT. In the model, rent is about 23.47% of gross in Bozeman, MT versus 16.32% in Missoula, MT, so Missoula, MT tends to feel more affordable for rent.

Take-home in Bozeman, MT
$4,122/mo
Income level: below
Take-home in Missoula, MT
$4,122/mo
Income level: near
Rent share (1BR) in Bozeman, MT
23.47%
COLI tier: mid-range
Rent share (1BR) in Missoula, MT
16.32%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Bozeman, MT and Missoula, MT.

At a glance

  • Cheaper overall (lower cost-of-living index): Missoula, MT
  • Lower rent (median 1BR/2BR): Missoula, MT
  • Lower home prices: Missoula, MT
  • Higher median household income: Bozeman, MT

Cost of Living Index

Bozeman, MT: 100 (U.S. = 100) · Missoula, MT: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Bozeman, MT: $1,531/mo (midpoint of 1BR/2BR) · Missoula, MT: $1,064/mo

Median rent in Bozeman, MT is $467/mo higher than in Missoula, MT.

Median Home Price

Bozeman, MT: $614,900 · Missoula, MT: $427,400

Median home price in Bozeman, MT is $187,500 higher than in Missoula, MT.

Median Household Income

Bozeman, MT: $79,903 · Missoula, MT: $65,329

Bozeman, MT has a higher median household income than Missoula, MT by $14,574.

Bozeman, MT overview · Missoula, MT overview · Popular comparisons