Salary Needed to Live in Billings as a Single

A single adult living independently needs approximately $18,514/year to live comfortably in Billings, MT — including 10% savings.

Comfortable Salary
$18,514
with 10% savings
Bare Minimum
$15,978
no savings buffer
Monthly Expenses
$972
10% below national avg

Detailed Monthly Budget for a Single in Billings

ExpenseBillingsNat'l AvgDiff
🏠 Studio/1BR Rent$106$113-6%
🛒 Groceries$18$17+6%
⚡ Utilities$12$14-14%
🚗 Transportation$29$26+12%
🛡️ Car Insurance$132$215-39%
🏥 Health Insurance$56$54+4%
Internet$62$65-5%
Phone$82$85-4%
Dining & Social$288$300-4%
Entertainment$115$120-4%
Personal Care$72$75-4%
Total Monthly$972$1,084-10%

How We Calculated the Salary

Monthly expenses:$972
Target savings (10%):$125/mo
Monthly after-tax needed:$1,097
Effective tax rate:27%

Gross annual salary needed:$18,514

Other Household Types in Billings

Couple (No Kids)
$26,046/yr
$1,324/mo expenses
Family with Kids
$56,669/yr
$2,739/mo expenses
Retiree
$19,200/yr
$1,088/mo expenses

Related Pages

Living Alone in BillingsCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a single person need in Billings?
A single person needs approximately $18,514/year ($1,543/month gross) to live comfortably in Billings with a 10% savings rate.
How much is rent for a single person in Billings?
A studio/1br in Billings costs approximately $106/month, which is the largest single expense at 11% of the total budget.
Is Billings affordable for a single person?
Yes, Billings is 10% more affordable than the national average for a single person.
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