Skyline of Bozeman
Cost of Living: 115 54,000

Bozeman, MT, US

Gallatin Valley gateway to Yellowstone with Montana State University and a booming tech scene.

Updated October 22, 2026

Overview

Bozeman is a city in MT with a population of 54,000. Gallatin Valley gateway to Yellowstone with Montana State University and a booming tech scene. Housing is notably more expensive than the national average. The overall cost of living is above the national average. Gardening thrives here — the 4b growing zone supports Cold — cool-season crops, hardy perennials. A large share of residents hold a bachelor’s degree or higher. Reported crime rates are relatively low. The population skews young, with a median age of 28.6.

Last updated: October 22, 2026

Cost of Living 115

Above Average vs US Avg (100)

Housing Index 130

Above Average

Median Income $85,747

Household income

Unemployment 2.5%

Job market health

Bozeman vs US Average

Cost of Living
Bozeman: 115
US Avg: 100
Housing Index
Bozeman: 130
US Avg: 100
State Income Tax
Bozeman: 6.75%
US Avg: ~5%

Taxes

  • State Income Tax: 6.8%
  • Sales Tax: 0.0%

Economy & Jobs

  • Median Income: $85,747
  • Unemployment: 2.5%
  • Population: 54,000

Climate

  • Sunny Days: 180/year
  • Summer High: 84°F
  • Winter Low: 16°F
  • Farming Zone: USDA Zone 4b

Internet Speed

  • Average 200 Mbps: 200 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: $600,000
  • 1BR Rent: $1600/mo

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Cost of Living

Bozeman's cost of living index is 115 (US average = 100).

CategoryBozemanNational AverageDifference
Overall115100+15.0%
Housing130100+30.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$600,000
Median Rent (1BR)$1600/mo
Median Rent (2BR)$2,000/mo
Price per Sq Ft$400

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Bozeman:

UtilityEstimated Monthly CostNotes
Electricity$97Based on ~900 kWh/month typical US household usage
Heating & Cooling$64Estimated based on local climate. Gas or electric
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$45Includes sewer
Internet (100+ Mbps)$75Broadband average
Garbage / Trash$30Private service
Total Utilities$311Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Bozeman scores 75/100 for remote work readiness:

Cost of Living
— 115
Rent
— $1600
Sunny Days
— 180
Tax
— 6.75%
Unemployment
— 2.5%
Climate
— 84°F / 16°F
Safety
— N/A
Population
— 54,000
Internet Speed
— 200 Mbps

Walkability

How easy it is to get around Bozeman without a car, based on the EPA National Walkability Index.

71 /100

42% of residents live in above-average walkable neighborhoods.

Source: EPA National Walkability Index (2021)

Climate

Bozeman has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January36°F16°F2.5"
April69°F31°F2.8"
July84°F59°F1.5"
October64°F34°F2.2"
USDA Zone 4b

Cold — cool-season crops, hardy perennials

Natural Hazards

Bozeman faces the following natural hazards:

Wildfire High Risk

Frequent wildfire seasons.

Blizzard High Risk

Severe winter storms and blizzards.

Drought High Risk

Frequent drought conditions.

Landslide High Risk

Rocky Mountain region with landslides.

Avalanche High Risk

Rocky Mountains with frequent avalanches.

Earthquake Moderate Risk

Seismic activity in the Intermountain Seismic Belt.

Tornado Moderate Risk

Tornado risk.

Flood Moderate Risk

River and flash floods.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 6.75%
  • Sales Tax: 0%
  • Property Tax: ~0.83% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.5%.

Crime & Safety

Crime rates in Bozeman per 100,000 residents:

434.1
Violent Crime
1,755.3
Property Crime

Data source: FBI Uniform Crime Reporting

Schools & Education

93/100
School Quality Score
Better than 94% of US cities
?
21
Total Schools
3.1:1
Student:Teacher
80.7%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

1
Universities
#758
Top University Rank
Top-Ranked University Montana State University - Bozeman

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Bozeman is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
2.1%
Black or African American
0.9%
Hispanic or Latino
5.6%
Native American
0.9%
Native Hawaiian or Pacific Islander
0.0%
Other
0.7%
Two or more races
4.1%
White
85.7%

Education

Bachelor's degree or higher
65.1%
High school graduate
11.3%
Less than high school
3.2%
Some college
20.3%

Religion

Christian
60.0%
Other
7.0%
Unaffiliated
33.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Bozeman, MT, US?

The cost of living index in Bozeman is 115, which is Higher the US national average of 100.

How much does it cost to buy a home in Bozeman?

The median home price in Bozeman is $600,000. The housing index is 130.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Bozeman is approximately $1600/mo.

Does Bozeman, MT have income tax?

Bozeman is in MT, which has an income tax rate of 6.75%.

What is the climate like in Bozeman?

Bozeman enjoys approximately 180 sunny days per year. Summer highs reach around 84°F, while winter lows can drop to around 16°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: October 23, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.