Economy in Bozeman, Montana

Bozeman, MT is a vibrant city in the state of Montana. It offers its residents an array of exciting opportunities with beautiful landscapes, world-class outdoor activities, and much more. The average rent for a two-bedroom apartment is $1,750 which is significantly higher than the US average at $1,430. Grocery costs in Bozeman, MT also come with a hefty price tag at 108 indexing points versus 100 in the US. Despite the cost of living being on the high side, Bozeman offers many local businesses and attractions to enjoy. Companies like Bridger Brewing Company, MK Nature Center and Palisade Falls are popular spots among locals. Visitors can explore places such as Bridger Bowl Ski Resort or take time to admire Gallatin River. Bozeman has something for everyone!

Bozeman has an unemployment rate of 3.0%. The US average is 6.0%.

Bozeman has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 50.3%, which is higher than the US average of 33.5%.

Tax Rates for Bozeman
- The Sales Tax Rate for Bozeman is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Bozeman is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bozeman
- The average income of a Bozeman resident is $26,350 a year. The US average is $28,555 a year.
- The Median household income of a Bozeman resident is $67,354 a year. The US average is $69,021 a year.