Cost of Living in Bozeman, MT
Housing
The housing market plays a significant role in determining the cost of living in Bozeman, MT.
- Housing Index: 105.0 / 100
- Median Home Price is: $411,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1645 per month
Considering a move to Bozeman, MT? With a vibrant population of , this locale boasts a youthful median age of . The city has a median income of , indicating a relatively healthy economy. Although only 30.0% of families are married, the low unemployment rate of suggests ample job opportunities. Additionally, the poverty level rests at 9%, reflecting overall economic stability. Evaluate these metrics against your personal lifestyle and priorities to determine if Bozeman is the right fit for your next chapter.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bozeman, MT.
- Electricity Price: $13.58 USD (median by state)
- Natural Gas Price: $8.31 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $220 per month
Living in Bozeman, MT could entail higher utility costs. Electricity costs sit at $13.58, while natural gas is priced at $8.31 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $220 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bozeman is a financially viable option for your relocation.