Cost of Living in Bozeman, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
155.3
100 = national avg
+55.3 vs national average
Living Wage (1 Adult)
$68,354
per year
Living Wage (Family of 4)
$161,563
per year
Cost Index by Category
Housing223.0
Food111.1
Transportation122.1
Healthcare108.9
Utilities131.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,642
per month
2 Bedroom
$2,154
per month
The overall cost of living index in Bozeman is 155.3, which is 55.3% above the national average. Housing costs are above the national average at an index of 223.0. A single adult needs to earn approximately $68,354 per year to cover basic expenses.