CostIndexUSA

Bozeman, MT vs Des Moines, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableIA
Des Moines
91.7
overall index
$1,250/mo rent

Des Moines is moderately cheaper than Bozeman — 10.5% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $71,600 in Des Moines. Calculate your salary ↓

Category Breakdown

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

🏠 Housing39.2%
Bozeman
139.2
Des Moines
84.7
🛒 Groceries2.4%
Bozeman
96
Des Moines
93.7
🚗 Transportation5.9%
Bozeman
103.7
Des Moines
97.6
🏥 Healthcare5.9%
Bozeman
93.8
Des Moines
88.3
Utilities+14.9%
Bozeman
73.6
Des Moines
84.6

Salary Equivalency Calculator

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

$
Equivalent salary in Des Moines, IA
$71,600
$8,400 less needed in Des Moines

Formula: salary × (91.7 ÷ 102.5) = salary × 0.8946. 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×

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Bozeman has 39.2% lower housing costs compared to Des Moines.

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

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

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)

Des Moines, IA
5.5×income-to-rent ratio

82% 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.