Zip 59718 (Bozeman, MT) Cost of Living


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Bozeman cost of living score
125.7
More expensive
25.7% higher
than the US average
25.7% higher
than the Montana average
Bozeman (zip 59718), Montana gets a BestPlaces Cost of Living score of 125.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.7% higher than the U.S. average and 25.7% lower than the average for Montana.

Zip 59718 (Bozeman, MT)

Housing costs in Bozeman?
A typical home costs $603,800, which is 78.6% more expensive than the national average of $338,100 and 36.7% more expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Bozeman costs $1,820 per month, which is 83.8% more than the national average of $990 and 36.3% more than the state average of $1,160.

Can I afford Bozeman?
To live comfortably in Bozeman (zip 59718), Montana, a minimum annual income of $115,560 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Bozeman?
The cost of living in 59718 Bozeman, MT is relatively high compared to the rest of the United States. The median household income for the area is $60,790, which is higher than the national average of $56,516. The median home value in 59718 Bozeman is $364,400 and has increased by 4.9% over the past year. The cost of housing makes up a large portion of residents' expenses with an average monthly rent for a one-bedroom apartment being approximately $901. Groceries also tend to be more expensive than the national average with food items costing an estimated 13% above the U.S. mean prices. Despite these higher costs, many people are drawn to Bozeman due to its plethora of recreational activities and outdoor attractions that make it an attractive place to live.
   Cost of living score
     CategoriesBozemanMontanaUnited States
  125.7100.0100.0
  105.999.6100
  102.599.6100.0
  182.4121.3100.0
  $603,800$441,800$338,100
  87.4%90.7%100.0%
  75.975.2100.0
  112.690.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime