How Much Does It Cost To Live In Bozeman Montana Renting a two bedroom unit in Bozeman costs 1 750 per month which is 22 4 more than the national average of 1 430 and 43 4 cheaper than the state average of 990 Can I afford Bozeman To live comfortably in Bozeman Montana a minimum annual income of 124 560 for a family and 54 000 for a single person is recommended
The cost of living in Bozeman MT is 15 37 higher than your current city Utilities tend to cost 0 22 lower Housing Cost 60 31 Higher The rule of thumb is not to spend more than 30 So how much does it cost to live in Montana Let s look at some average expenses according to 2021 data from the Bureau of Economic Analysis The average total personal consumption cost in Montana is 47 887 annually and breaks down to In terms of monthly expenses that s 3 991 on average Housing Costs in Montana
How Much Does It Cost To Live In Bozeman Montana
How Much Does It Cost To Live In Bozeman Montana
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Housing Median Home Value in Bozeman Compared With a housing cost of living index at a staggering 187 8 Bozeman is nearly twice as expensive to live in as the rest of the United States This is very clearly shown above with the median home value being over 200 000 more than the national average The cost of living in Bozeman MT is 22 higher than the National Average What is cost of living Cost of living is the amount of money needed to cover basic expenses in order to live in a given area
The average cost of living in Bozeman is 2267 which is in the top 11 of the most expensive cities in the world ranked 1041st out of 9294 in our global list 950th out of 2202 in the United States and 3rd out of 6 in Montana The median after tax salary is 4352 which is enough to cover living expenses for 1 9 months Bozeman Cost of Living in Bozeman Montana 22 higher than national avg 62 Housing 14 Utilities Groceries Bozeman Montana s cost of living is 22 higher than the national
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Family of four estimated monthly costs 4 688 Single person estimated monthly costs 2 653 WARNING These estimates are based on only a few data points At the moment you should treat them only as a best guess List of prices in Bozeman Montana Current as of Feb 2024 Change the currency WARNING What is a cost of living calculator The cost of living calculator tells you how much money you need to maintain your current standard of living in a different city The cost of living comparison is based on your income and the price of basic necessities such as housing transportation or food in the two cities you selected
Based on calculations by MIT the living wage in Montana for a single adult with no children is 32 844 17 47 per hour Of those wages MIT estimates that 3 999 goes to food purchases Montana has no sales tax which is a huge long term benefit The state does maintain taxes on beer liquor wine and cigarettes though Select city Pre tax household income Los Angeles Long Beach Comparable Income 31 652 Miami Dade County Comparable Income 34 012 Chicago Comparable Income 33 451 Boston Comparable Income
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How Much Does It Cost To Live In Bozeman Montana - The cost of living in Bozeman MT is 22 higher than the National Average What is cost of living Cost of living is the amount of money needed to cover basic expenses in order to live in a given area