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Metro cost profile · 2024 BEA RPP

Bozeman, MT

Cost-of-living indicators for Bozeman, MT, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

102.5
Overall RPP
#52
of 387 metros
139.2
Rents RPP
$98K
$100K national buys

Bozeman ranks #52 of 387 U.S. metros by cost, and its overall price index has risen 3.7 points since 2008.

  • rising since 2008
  • similar cost to Worcester

The verdict

Bozeman is more expensive than 87% of U.S. metros, an overall cost index of 102.5, 2.5% above the national average, led by rents at 139.2.

top 13%
by overall cost, nationwide
96.0
goods RPP, tradable items
73.6
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $97,551 here; matching a $100K lifestyle takes roughly $102,510.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 3.7 points over this period. The largest single-year move was in 2023, when the index jumped 4.2 points from the year before, a bigger swing than the full 2008-2024 change.

Bozeman overall RPP, 2008-2024

Every year on record, national average = 100

Up 3.7 pts
9095100105 20082024 98.8 103 ▲ +3.7%
Year Overall
2008 98.8
2009 95.8
2010 95.1
2011 96.5
2012 97.1
2013 94.1
2014 96.9
2015 99.1
2016 97.5
2017 98.9
2018 97.3
2019 99.5
2020 96.5
2021 95.8
2022 94.8
2023 99.0
2024 102.5

Latest BEA release change

What changed from 2023 to 2024

Bozeman's overall RPP rose +3.5 points, from 99.0 in 2023 to 102.5 in 2024. The largest category movement was rents, changing from 131.5 to 139.2. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$102,510

in Bozeman, MT purchasing power

$50,000 nationally
$51,255
$75,000 nationally
$76,883
$125,000 nationally
$128,138
$150,000 nationally
$153,765
$200,000 nationally
$205,020

Use the salary calculator for custom amounts.

Affordability score

F
5/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
5th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Bozeman vs every U.S. metro

Where this metro sits in the national cost distribution

103 Top 13% higher than 87% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). Below this entry. 100–104: 54 US metros (14%). This entry sits in this band. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Bozeman cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Bozeman's cost structure is housing-led: rents at 139.2 depart furthest from 100, while services sits at 73.6. This is a rent-sensitive profile, not a claim that every local expense moves together.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Bozeman's cost comes from

Metros near Bozeman's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.8, rents 113.1). Bozeman is more housing-led than its peers, its rents run higher than its goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 949698100102104106 100110120130140150 Goods RPP (tradable items) → Rents RPP (housing) → BozemanWorcesterPhiladelphiaMount VernonNorth PortCape CoralHartford
Crosshairs sit at the group median (goods 96.8, rents 113.1). Bozeman is more housing-led than its peers, its rents run higher than its goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Bozeman (Bozeman, this metro): goods RPP 96, rents RPP 139.2
  • Worcester: goods RPP 97, rents RPP 113
  • Philadelphia: goods RPP 96.8, rents RPP 113.1
  • Mount Vernon: goods RPP 105, rents RPP 108.2
  • North Port: goods RPP 96.2, rents RPP 128
  • Cape Coral: goods RPP 96.2, rents RPP 125.1
  • Hartford: goods RPP 97.3, rents RPP 110.2

Price Index Summary

Overall

102.5

Above avg

Goods

96.0

Below avg

Services

73.6

Cheap

Rents

139.2

Expensive

Housing-led cost profile

How Bozeman's cost structure works

Housing is the defining pressure in Bozeman: rents index at 139.2, the furthest component above the national benchmark. The overall index of 102.5 places Bozeman in the top quartile for cost; the rent line explains why a similar headline RPP can still require a different housing budget.

Across all reported metros, the closest component-profile matches are Salt Lake City-Murray, UT, Denver-Aurora-Centennial, CO, Naples-Marco Island, FL. They resemble Bozeman across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Bozeman's overall index has risen by 3.7 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

MT-relative analysis

Goods prices places Bozeman, MT near the bottom of MT's metros

Among the 5 MT metros PlainCost tracks with reported goods prices data, Bozeman, MT ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Bozeman, MT only against its own state's metros, not the full US field.

Goods prices
#1 of 5
0th percentile in MT
Services prices
#1 of 5
80th percentile in MT
Rent prices
#1 of 5
80th percentile in MT

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within MT only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Bozeman, MT: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Bozeman, MT's index of 102.5.

Showing the 6 closest of 387 metro areas tracked nationally.

Decision peers

Metros with a similar cost mix

These metros are closest to Bozeman's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

Shareable PlainCost cost snapshot for Bozeman cost of living snapshot

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Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

What this means for Bozeman

How to read Bozeman's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $97,551 in Bozeman. Salary calculator
  • Start with rents: it indexes at 139.2, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Bozeman head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Bozeman, MT?

Bozeman, MT has a Regional Price Parity (RPP) index of 102.5, meaning it is 2.5% more expensive than the national average. Goods are indexed at 96.0, services at 73.6, and rents at 139.2. It ranks #52 out of 387 U.S. metro areas by overall cost.

What salary do I need in Bozeman, MT to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $102,510 in Bozeman, MT. Conversely, $100K earned in Bozeman, MT has the purchasing power of $97,551 at the national average.

How expensive is rent in Bozeman, MT?

Rents in Bozeman, MT are indexed at 139.2, which is 39.2% above the national average. This is significantly higher than typical U.S. rents.

Is Bozeman, MT getting more expensive?

From 2008 to 2024, Bozeman, MT's overall cost index changed by +3.7 points (from 98.8 to 102.5). The cost of living has been trending upward.

What costs the most in Bozeman, MT?

The priciest category in Bozeman, MT is rents at 139.2, 39.2% above the national average. The most affordable category is services at 73.6, 26.4% below average.

What metros have a similar cost of living to Bozeman, MT?

Metros with the most similar overall cost index include Worcester, Philadelphia-Camden-Wilmington, Mount Vernon-Anacortes. These areas have RPP values within a few points of Bozeman, MT's 102.5.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.