CostIndexUSA

Bozeman, MT vs Merced, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableCA
Merced
98.3
overall index
$1,850/mo rent

Merced is slightly cheaper than Bozeman — 4.1% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $76,700 in Merced. Calculate your salary ↓

Category Breakdown

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

🏠 Housing43.5%
Bozeman
139.2
Merced
78.6
🛒 Groceries+9.6%
Bozeman
96
Merced
105.2
🚗 Transportation+1.5%
Bozeman
103.7
Merced
105.3
🏥 Healthcare+1.6%
Bozeman
93.8
Merced
95.3
Utilities+115.1%
Bozeman
73.6
Merced
158.3

Salary Equivalency Calculator

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

$
Equivalent salary in Merced, CA
$76,700
$3,300 less needed in Merced

Formula: salary × (98.3 ÷ 102.5) = salary × 0.9590. 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×

Merced, CA

Median Home Price
$410,000
Median Monthly Rent
$1,850
Housing Index
78.6
Price-to-Rent Ratio
18.5×

Bozeman has 43.5% lower housing costs compared to Merced.

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

Merced, CA

Median Household Income
$57,600
Per Capita Income
$32,800
Unemployment Rate
9.2%
Population
86,333
Top Industries
AgricultureEducationHealthcareGovernmentLogistics

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)

Merced, CA
2.6×income-to-rent ratio

61% 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.