Montana · WestModerate CostUpdated March 2026

Cost of Living in Billings, MT

Detailed cost data for 38 topics across 6 categories — from rent and groceries to business startup costs and professional salaries.

Cost Index
96
4% below national average
100 = national baseline
120K
Population
$55K
Median Income
$1,812/mo
Avg Rent (1BR)
$4,207/mo
Living Cost (Single)
✍️ Reviewed by Sarah Chen, Senior Cost-of-Living Analyst📅 Last verified: March 2026
BLSCensusHUD

Cost of Living in Billings: The Full Picture

How does Billings compare to the rest of America? With a population of 120,000 and an economy built on an emerging tech satellite where companies establish remote-friendly offices at a fraction of Bay Area costs, this MT smaller city has a cost profile that's distinctly its own. Farm-to-table dining, yoga studios on every corner, and a wellness culture that adds 10% to the grocery bill. The 38 categories below translate these broad dynamics into specific dollar figures you can plan around.

B
Overall
B+
Housing
B
Food
B+
Healthcare
B+
Transport
B+
Utilities
💼 Economy

Billings has a state-capital economy where government employment provides a stable floor beneath private-sector volatility

🏠 Housing

The housing market features a balanced market where patient buyers find deals and sellers price realistically

🌤️ Climate & Lifestyle

Mild temperatures keep utility costs moderate, but the high cost of environmental compliance adds to construction and renovation budgets.. The lifestyle here is characterized by Farm-to-table dining, yoga studios on every corner, and a wellness culture that adds 10% to the grocery bill..

💡 The Bottom Line

Billings's cost index of 96 puts it right near the national average — a balanced market where you get a fair deal on most categories without sticker shock.

💰 Purchasing Power in Billings

$50K salary
≈ $52K
+$2K real value
$75K salary
≈ $78K
+$3K real value
$100K salary
≈ $104K
+$4K real value
$150K salary
≈ $156K
+$6K real value

Purchasing power adjusted to national average baseline. In Billings, your dollar buys 4% more than the national average.

Monthly Living Expenses in Billings

What it actually costs to live in Billings each month — from tight budgets to comfortable lifestyles.

LifestyleSingle PersonCoupleFamily of 4
🟡Tight / Frugal$2,100/mo$3,650/mo$4,800/mo
🟢Comfortable$3,350/mo$5,550/mo$7,200/mo
🟣Generous$5,300/mo$8,650/mo$11,500/mo

Estimates include housing, food, transportation, utilities, insurance, and discretionary spending. Based on Billings's cost index of 96 applied to national spending surveys.

🏘️ Neighborhood Cost Variation

Within Billings, costs can vary by 25-40% depending on the neighborhood. Downtown and waterfront areas typically command the highest premiums, while suburbs provide genuine savings, often 15-20% below the metro average.

Billings vs U.S. Average Cost of Living

Category-by-category affordability grades — based on deviation from the national average.

Grades: A+/A = very affordable · B = average · C/D = expensive · For salaries, higher = better

🏠 Home Services in Billings

What contractors charge for the most common repairs, installations, and remodels

💼 Business Startup Costs in Billings

Full startup cost breakdowns — from lease deposits to working capital

📊 Cost of Living in Billings

Monthly expenses for housing, food, transportation, and everyday necessities

🛡️ Insurance in Billings

Annual and monthly premium estimates for major insurance categories

💰 Salaries & Jobs in Billings

Annual compensation by experience level, role, and specialization

How Much Income Do You Need in Billings?

✅ Best For

  • Small business founders
  • Young professionals starting out
  • Families seeking work-life balance
  • Outdoor enthusiasts

⚠️ Not Ideal For

  • Workers in niche industries with few local employers
  • Those seeking big-city nightlife
💬 Expert Tip

Research Billings's neighborhoods carefully — costs can vary by 20-40% within the metro area. The most popular areas are affordable enough that location flexibility is a real advantage.

How Does Billings Compare?

Pick a nearby city and see the full cost comparison across all 38 topics.

CostOfCity Value Index

F
Billings Value Score: 26/100
Expensive
Affordability Ratio
2.09x
Stretched
Savings Potential
23%
of median income
Value Score
18/100
income-adjusted
Growth Risk
80/100
Costs rising fast

The CostOfCity Value Index combines cost-of-living data with median income, savings potential, and cost growth trends to produce a single score. Higher = better value for your money. Updated quarterly.

📦

Free Relocation Blueprint

Your complete moving budget for Billings, MT

Monthly Budget
$3,285
Moving Costs
$2,000 – $4,500
Deposits Est.
$4,530
Cost Index
96

Get a personalized PDF with first-month costs, 12-month cash projection, neighborhood tips, and a moving checklist — tailored to your household size and origin city.

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Frequently Asked Questions About Billings

Is Billings a good place to start a business?

Billings's business environment is shaped by MT's regulatory framework and local commercial real estate costs. Below-average operating costs give businesses more runway to reach profitability. Check our business startup cost data for specific figures.

How does Billings compare to other cities in MT?

Within Montana, Billings has a cost index of 96. Nearby options include Helena and Great Falls, which offer useful comparison points.

What are the most expensive cost categories in Billings?

Like most US cities, housing is the single largest expense in Billings, typically accounting for 30-40% of household budgets. Insurance and home services tend to be the next most variable categories, influenced by western climate conditions and state regulations.

Explore Billings in Depth

🏠 Living Alone
Solo budget breakdown for Billings
💰 Salary Needed
Minimum salary to live in Billings
📊 Can I Afford It?
Budget check for Billings
📋 Monthly Budget
Full monthly breakdown
🗺️ Montana Overview
Compare all cities in Montana

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