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 July 19, 2026
Cost of Living 115

Above Average vs US Avg (100)

Housing Index 130

Above Average

Median Income $65,000

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: $65,000
  • Unemployment: 2.5%
  • Population: 54,000

Climate

  • Sunny Days: 180/year
  • Summer High: 84°F
  • Winter Low: 16°F

Housing

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

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

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Bozeman:

UtilityEstimated Monthly CostNotes
Electricity$110Based on ~900 kWh/month typical US household usage
Heating & Cooling$7Estimated based on local climate. Gas or electric
Cooling (AC)$5Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$262Monthly estimate (including heating & cooling)

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

Best Neighborhoods

Downtown Bozeman

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,920/mo.

Bozeman Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,760/mo.

East Bozeman

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,440/mo.

West Bozeman

Family-friendly area with parks and good schools. Average rent: $1,520/mo.

Remote Work Score

Bozeman scores —/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

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"

Taxes

  • State Income Tax: 6.75%
  • Sales Tax: 0%
  • Property Tax: ~0.85% of assessed value

Economy & Jobs

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

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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.