Can I Afford to Live in Billings vs Thessaloniki on $40K?

Here's how a $40K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Billings, MT
$2,502/mo take-home
Rent: $1,200/mo (48% of take-home)
Difficult
Thessaloniki, GR
$1,995/mo take-home
Rent: $590/mo (30% of take-home)
Manageable

Monthly budget breakdown

Billings
MT
Thessaloniki
GR
Monthly take-home (est.)
$2,502Best ✓
$1,995
1BR rent
$1,200
$590Best ✓
Groceries (est.)
$369Best ✓
$380
Transport (est.)
$42Best ✓
$150
Utilities
$148
$88Best ✓
Internet
$68
$32Best ✓
Left after essentials
$675/month
$755/month

Frequently asked questions

Is $40K a good salary in Billings?

At $40K/year in Billings, your estimated monthly take-home is $2,502. With 1BR rent around $1,200/month, rent takes up 48% of your take-home. That's considered difficult.

Is $40K a good salary in Thessaloniki?

At $40K/year in Thessaloniki, your estimated monthly take-home is $1,995. With 1BR rent around $590/month, rent takes up 30% of your take-home. That's considered manageable.

Which city is more affordable on a $40K salary?

Thessaloniki leaves you with more money after core expenses — $755/month vs $675/month in Billings.

Can I afford to live alone in Billings on $40K?

It's tight. Rent in Billings would take 48% of your $40K take-home pay. You may need to find roommates or look at studios to stay within the 30% rule.

Compare other salary bands — Billings vs Thessaloniki

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See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more — side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo · Q1 2026 · For general guidance only