Can I Afford to Live in Missoula vs Cheyenne on $150K?

Here's how a $150K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Missoula, MT
$8,094/mo take-home
Rent: $1,300/mo (16% of take-home)
Very comfortable
Cheyenne, WY
$8,944/mo take-home
Rent: $1,150/mo (13% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Missoula
MT
Cheyenne
WY
Monthly take-home (est.)$8,094$8,944
1BR rent$1,300$1,150
Groceries (est.)$376$365
Transport (est.)$45$35
Utilities$145$148
Internet$68$68
Left after essentials$6,160/month$7,178/month
Cheyenne (Wyoming) has no state income tax, boosting take-home vs Missoula (MT rate: 6.8%).

Frequently asked questions

Is $150K a good salary in Missoula?

At $150K/year in Missoula, your estimated monthly take-home is $8,094. With 1BR rent around $1,300/month, rent takes up 16% of your take-home. That's considered very comfortable.

Is $150K a good salary in Cheyenne?

At $150K/year in Cheyenne, your estimated monthly take-home is $8,944. With 1BR rent around $1,150/month, rent takes up 13% of your take-home. That's considered very comfortable.

Which city is more affordable on a $150K salary?

Cheyenne leaves you with more money after core expenses โ€” $7,178/month vs $6,160/month in Missoula.

Can I afford to live alone in Missoula on $150K?

Yes. At $150K in Missoula, rent takes 16% of your take-home, leaving $6,160/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Missoula vs Cheyenne

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more โ€” 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 ยท Q1 2026 ยท For general guidance only