Cost of Living in Billings, Montana (2026)
COL Index
89
100 = US avg
1BR Rent
$1,200
per month
Median HHI
$60K
per year
State Tax
6.8%
income tax
Full cost breakdown
| Category | Billings |
|---|---|
| 🏠 HousingQ1 2026 | |
| Studio rent/mo | $950 |
| 1BR rent/mo | $1,200 |
| 2BR rent/mo | $1,600 |
| Median home price | $320K |
| 🛒 Food & GroceriesQ1 2026 | |
| Groceries index (100 = US avg) | 97 |
| Budget meal (1 person) | $12 |
| Mid-range dinner (2 people) | $52 |
| 🚌 TransportationQ1 2026 | |
| Monthly transit pass/mo | $42 |
| Gas price/gal | $3.45 |
| Car insurance/mo | $138 |
| ⚡ UtilitiesQ1 2026 | |
| Utilities bundle (elec + gas + water)/mo | $148 |
| Internet/mo | $68 |
| 💰 Income & TaxesQ1 2026 | |
| Median household income/yr | $60K |
| State income tax rate | 6.8% |
| Sales tax (combined) | 0.0% |
| 📊 OverviewQ1 2026 | |
| Overall COL index (100 = US avg) | 89 |
| Walk score / 100 | 26 |
Is Billings affordable on your salary?
How rent burden (1BR) changes across income levels. Under 30% is comfortable; above 40% is tight.
$40K
~$2,502/mo take-home
48% rent burden · Difficult
$50K
~$2,877/mo take-home
42% rent burden · Tight
$60K
~$3,453/mo take-home
35% rent burden · Manageable
$75K
~$4,316/mo take-home
28% rent burden · Comfortable
$80K
~$4,603/mo take-home
26% rent burden · Comfortable
$100K
~$5,754/mo take-home
21% rent burden · Very comfortable
$120K
~$6,475/mo take-home
19% rent burden · Very comfortable
$150K
~$8,094/mo take-home
15% rent burden · Very comfortable
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Data: Zillow Observed Rent Index, BLS, Numbeo, Tax Foundation, US Census ACS · Q1 2026 · For general guidance only