Cost of Living in Bozeman, MT
| Cost of Living in Bozeman, MT | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 49% higher | 51% higher |
| Utilities (Monthly) | 4% higher | 7% lower |
| Food | 3% higher | 7% higher |
| Healthcare | 7% lower | 4% lower |
| Transportation | 1% higher | 0% |
| Goods & Services | 14% higher | 18% higher |
The cost of living in Bozeman, MT is 19% higher than the state average and 21% higher than the national average. Bozeman, MT housing is 51% more expensive than the U.S average, while utilities are about 7% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 7% pricier in Bozeman, MT than in the rest of the country, while clothing costs around 18% more .
Healthcare services such as doctor check-ups and dentistry cost 4% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 18% pricier in Bozeman, MT.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Bozeman is $2,129, while home prices circle around $873,782.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Bozeman, energy bills cost around $201.94 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.93 in Bozeman, a dozen eggs go for around $5.69 and a pound of potatoes circles around $4.56.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Bozeman, an optometry check-up costs around $148.92, while a dentist appointment is priced $118.00 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.00 in Bozeman, while getting your tires balanced will run you about $65.37.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $32.16 here. Meanwhile, a pair of women's slacks will set you back around $39.87.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Bozeman, you should budget around $14.91 a month. When it comes to personal services, a haircut usually goes for $39.02, while dry cleaning costs about $26.58.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Bozeman, the median household income is $85,747.