Here's what it costs to live in Billings, Montana, based on the latest US government data. Renters pay a median of $1,138 per month, while the typical home is valued around $343,400. Households earn a median of $73,712 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$73,712
Annual · Census ACS
Median Gross Rent
$1,138
Per month · Census ACS
Median Home Value
$343,400
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,016
HUD Fair Market Rent
1BR Fair Market Rent
$1,109
HUD FMR
2BR Fair Market Rent
$1,417
HUD FMR
3BR Fair Market Rent
$1,951
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
119,434
Latest estimate
Median Age
38.8 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
25
0–100 scale
Avg Median Rent
$1,076
Per month
Avg Home Value
$301,850
Census ACS
January Avg
27°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.4
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
91.9%
What is the cost of living index for Billings?
The cost of living index for Billings is not yet available in our database.
What is the median rent in Billings?
The median gross rent in Billings is $1,138 per month according to US Census ACS data.
What is the median household income in Billings?
The median household income in Billings is $73,712 per year.
What is the median home value in Billings?
The median home value in Billings is $343,400 based on the latest Census ACS survey.
How is the air quality in Billings?
Air quality data for Billings is not yet available.
What are the taxes like in Billings?
Tax data for Montana is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
