Here's what it costs to live in Bozeman, Montana, based on the latest US government data. Renters pay a median of $1,611 per month, while the typical home is valued around $614,900. Households earn a median of $79,903 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$79,903
Annual · Census ACS
Median Gross Rent
$1,611
Per month · Census ACS
Median Home Value
$614,900
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,485
HUD Fair Market Rent
1BR Fair Market Rent
$1,642
HUD FMR
2BR Fair Market Rent
$2,154
HUD FMR
3BR Fair Market Rent
$2,996
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
5.90%
Top marginal rate
State Sales Tax
None
No statewide sales tax
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
55,042
Latest estimate
Median Age
28.6 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Bozeman?
The cost of living index for Bozeman is not yet available in our database.
What is the median rent in Bozeman?
The median gross rent in Bozeman is $1,611 per month according to US Census ACS data.
What is the median household income in Bozeman?
The median household income in Bozeman is $79,903 per year.
What is the median home value in Bozeman?
The median home value in Bozeman is $614,900 based on the latest Census ACS survey.
How is the air quality in Bozeman?
Air quality data for Bozeman is not yet available.
What are the taxes like in Bozeman?
Montana has a top state income tax rate of 5.90% and no statewide sales tax (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology