CostIndexUSA

Billings, MT vs Provo, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMT
Billings
93.5
overall index
$1,400/mo rent
UT
Provo
98.2
overall index
$1,750/mo rent

Billings is moderately cheaper than Provo — 5.0% lower overall cost of living.

To match an $80,000 salary in Billings, you would need $84,000 in Provo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+34.5%
Billings
77.4
Provo
104.1
🛒 Groceries≈ Equal
Billings
96
Provo
96.4
🚗 Transportation≈ Equal
Billings
103.7
Provo
103.9
🏥 Healthcare≈ Equal
Billings
93.8
Provo
94
Utilities+8.6%
Billings
72.4
Provo
78.6

Salary Equivalency Calculator

Enter your current salary in Billings to see what you'd need to earn in Provo to maintain the same purchasing power.

$
Equivalent salary in Provo, UT
$84,000
$4,000 more needed in Provo

Formula: salary × (98.2 ÷ 93.5) = salary × 1.0503. Based on BEA Regional Price Parities.

Housing Market

Billings, MT

Median Home Price
$392,000
Median Monthly Rent
$1,400
Housing Index
77.4
Price-to-Rent Ratio
23.3×

Provo, UT

Median Home Price
$534,000
Median Monthly Rent
$1,750
Housing Index
104.1
Price-to-Rent Ratio
25.4×

Provo has 34.5% higher housing costs compared to Billings.

Income & Job Market

Billings, MT

Median Household Income
$70,800
Per Capita Income
$40,400
Unemployment Rate
3.2%
Population
117,116
Top Industries
EnergyHealthcareRetailAgricultureManufacturing

Provo, UT

Median Household Income
$100,800
Per Capita Income
$57,500
Unemployment Rate
3.6%
Population
116,288
Top Industries
TechnologyEducationHealthcareManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Billings, MT
4.2×income-to-rent ratio

76% of income left after rent (median)

Provo, UT
4.8×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.