What is the cost of living in Bozeman, MT?
According to the most recent data on the cost of living, Bozeman has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to Montana, Bozeman has a cost of living index that's 1.3x higher than Montana's index of 102.
The standard of living in Bozeman ranks as #25 most affordable out of the 26 places we measured in Montana. By definition, that implies Bozeman ranks as the #1 most expensive place in the Treasure State.
For more reading on life in Bozeman, check out:
Bozeman Cost Of Living Vs. Montana
Six factors go into calculating the cost of living index in Bozeman. Here is how it fares on each of the criteria:
The Services index in Bozeman is 103.
The Groceries index in Bozeman is 98.
The Health index in Bozeman is 191.
The Housing index in Bozeman is 98.
The Transportation index in Bozeman is 105.
The Utilities index in Bozeman is 100.
| Living Expense | Bozeman | Montana | National Average |
|---|---|---|---|
| Overall | 130 | 102 | 100 |
| Services | 103 | 104 | 100 |
| Groceries | 98 | 103 | 100 |
| Health | 191 | 101 | 100 |
| Housing | 98 | 99 | 100 |
| Transportation | 105 | 105 | 100 |
| Utilities | 100 | 100 | 100 |
Bozeman Cost Of Living Compared To Montana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Montana, check out:
Protect your home budget Compare home warranties in Bozeman Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Bozeman, MT Housing Cost Breakdown
Housing swings affordability the most between places in Montana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Bozeman is $724,089.
The Median Rent in Bozeman is $1,717.
The Median Income in Bozeman is $85,747.
The Home Value To Income in Bozeman is 8.4x.
The Rent To Monthly Income in Bozeman is 0.24x.
Bozeman, MT Costs By Category
Detailed Bozeman Services costs vs. Montana
Detailed Bozeman Groceries costs vs. Montana
Detailed Bozeman Health costs vs. Montana
Detailed Bozeman Transportation costs vs. Montana
Bozeman SnackAbility
Cost Of Living In Cities Around Bozeman
The cost of living varies in the cities and towns around Bozeman. Here's a quick look at the cost of living in the most populous nearby places:
Belgrade, MT has a cost of living index of 110, 0.8x Bozeman.
Livingston, MT has a cost of living index of 106, 0.8x Bozeman.
Four Corners, MT has a cost of living index of 126, 1.0x Bozeman.
| City | Population | Cost Of Living | Vs. Bozeman |
|---|---|---|---|
| Belgrade, MT | 11,872 | 110 | 0.8x |
| Livingston, MT | 8,780 | 106 | 0.8x |
| Four Corners, MT | 5,791 | 126 | 1.0x |
