CostIndexUSA

Billings, MT vs Tucson, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMT
Billings
93.5
overall index
$1,400/mo rent
AZ
Tucson
96.9
overall index
$1,475/mo rent

Billings is slightly cheaper than Tucson — 3.6% lower overall cost of living.

To match an $80,000 salary in Billings, you would need $82,900 in Tucson. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+18.6%
Billings
77.4
Tucson
91.8
🛒 Groceries≈ Equal
Billings
96
Tucson
96.2
🚗 Transportation+1.1%
Billings
103.7
Tucson
104.8
🏥 Healthcare+1.1%
Billings
93.8
Tucson
94.8
Utilities+23.6%
Billings
72.4
Tucson
89.5

Salary Equivalency Calculator

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

$
Equivalent salary in Tucson, AZ
$82,900
$2,900 more needed in Tucson

Formula: salary × (96.9 ÷ 93.5) = salary × 1.0364. 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×

Tucson, AZ

Median Home Price
$338,000
Median Monthly Rent
$1,475
Housing Index
91.8
Price-to-Rent Ratio
19.1×

Tucson has 18.6% 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

Tucson, AZ

Median Household Income
$69,800
Per Capita Income
$39,800
Unemployment Rate
4.6%
Population
542,629
Top Industries
MilitaryEducationHealthcareTourismManufacturing

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)

Tucson, AZ
3.9×income-to-rent ratio

75% 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.