Billings vs Melbourne for Families (2026)
Scroll down for childcare estimates, home price-to-income ratios, and FAQ.
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Estimated annual swing
+$23,136/yr
Favoring Billings for this income & household (illustrative).
With the extra $1,928/mo, you could pay down a $15,000 card balance in ~8 months and still keep ~$231/mo for dining out.
Full family cost breakdown
| Metric | Billings Montana | Melbourne Victoria |
|---|---|---|
| Studio rent / month | $950Better | $1,150 |
| 2BR rent / month | $1,600Better | $2,200 |
| Median home price | $320K | — |
| Median household income | $60K | — |
| Est. childcare / month | $1,157Better | $1,430 |
| State income tax | 6.8%Better | 45% |
| Sales tax (combined) | 0%Better | 10% |
| Monthly utilities | $148 | $130Better |
| Groceries index (US = 100) | 97 | — |
Your biggest money opportunities based on this comparison.
Tax savings
Billings saves ~$3,820/mo in taxes
Redirect those extra take-home dollars to a cash-back card — groceries, gas, and dining all earn rewards.
Housing savings
Billings saves ~$600/mo in rent
Whether you rent or buy, make sure your home and belongings are covered with the right plan.
Childcare savings
Billings saves ~$3,276/yr on childcare
Put the difference to work in a high-yield savings account — it compounds fast over a few years.
While you're comparing — don't leave money on the table.
Mortgages
See what you can afford in Melbourne
Compare rates from top lenders before your move — pre-approval is free and won't affect your score.
Home & Auto Insurance
Bundle before you move — save 15–25%
New state means new rates. Lock in Melbourne homeowners + auto quotes before your move date.
Moving Rewards Card
Turn closing costs & moving expenses into cash back
Average family spends $6,200 on a move. These cards pay 2–4% back + 0% intro APR on purchases.
Frequently asked questions
Which city is better for raising a family — Billings or Melbourne?
Based on housing costs, income, taxes, and overall affordability, Billings scores better for families. 2-bedroom rent is $1,600/mo in Billings vs $2,200/mo. Billings is approximately 19% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.
What is the average 2-bedroom rent in Billings vs Melbourne?
As of Q1 2026, median 2BR rent is $1,600/month in Billings and $2,200/month in Melbourne. Billings is 27% cheaper for a family-sized apartment.
Can a family afford to buy a home in Billings or Melbourne?
Home price and income data is not available for one or both cities.
How much does childcare cost in Billings vs Melbourne?
Estimated infant/toddler childcare runs approximately $1,157/month in Billings and $1,430/month in Melbourne, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$3,276/year.
Which city has lower taxes for families?
Billings has a 6.8% state income tax rate vs Melbourne's 45% rate. For a dual-income family earning $120K combined, that difference is roughly $3,820/month in take-home pay.
$100K in Billings has the same purchasing power as $124K in Melbourne
Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026