CostIndexUSA

Bozeman, MT vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableCO
Colorado Springs
100.7
overall index
$1,675/mo rent

Colorado Springs is slightly cheaper than Bozeman — 1.8% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $78,600 in Colorado Springs. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.5%
Bozeman
139.2
Colorado Springs
116.2
🛒 Groceries≈ Equal
Bozeman
96
Colorado Springs
96.1
🚗 Transportation+1.1%
Bozeman
103.7
Colorado Springs
104.8
🏥 Healthcare+1.1%
Bozeman
93.8
Colorado Springs
94.8
Utilities+13.0%
Bozeman
73.6
Colorado Springs
83.2

Salary Equivalency Calculator

Enter your current salary in Bozeman to see what you'd need to earn in Colorado Springs to maintain the same purchasing power.

$
Equivalent salary in Colorado Springs, CO
$78,600
$1,400 less needed in Colorado Springs

Formula: salary × (100.7 ÷ 102.5) = salary × 0.9824. Based on BEA Regional Price Parities.

Housing Market

Bozeman, MT

Median Home Price
$678,000
Median Monthly Rent
$2,100
Housing Index
139.2
Price-to-Rent Ratio
26.9×

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

Bozeman has 16.5% lower housing costs compared to Colorado Springs.

Income & Job Market

Bozeman, MT

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
2.4%
Population
53,293
Top Industries
EducationTechnologyTourismHealthcareAgriculture

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

Affordability at a Glance

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

Bozeman, MT
3.6×income-to-rent ratio

72% of income left after rent (median)

Colorado Springs, CO
4.5×income-to-rent ratio

78% 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.