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Yellowstone County · Montana

Billings cost of living (MT)

Price levels published by the Bureau of Economic Analysis for Billings, MT, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Cash, receipts and a calculator on a table, illustrating local cost of living data

Quick answer

Billings costs 6.5% below the national average — all-items price level 93.5, rank 73 of 94 covered metros. A $100,000 national-average salary needs to be $93,526 here. Utilities is the reason, at 72.4.

All items
93.5US average = 100
Housing
77.422.6% below the national average
Goods
96.04.0% below the national average
Other services
98.71.3% below the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods96.0-4.0%Groceries, fuel, clothing, durable purchases.
Housing77.4-22.6%Rents and imputed rents — the biggest single swing factor.
Utilities72.4-27.6%Electricity, gas, water and other household energy.
Other services98.7-1.3%Healthcare, dining, repairs, personal services.

What your salary is worth in Billings, MT

Enter a salary. We deflate it by the local price level (93.5 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$70,806
Needed to match US average
$61,935
Monthly difference
$-357

What a local paycheck is really worth

Nominal pay is only half the story.

$66,222 median household income in Billings is worth $70,806 in national-average dollars. BEA calls that real income: income × 100 ÷ 93.5.

Run your own salary through the comparison tool →

Other Billings datasets on this site.

Statewide: Montana cities · Montana ZIP codes · Montana sales tax · Montana counties

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for Billings, MT. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.