CostIndexUSA

Bozeman, MT vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is moderately cheaper than Bozeman — 6.0% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $75,200 in Nashville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing24.9%
Bozeman
139.2
Nashville
104.6
🛒 Groceries≈ Equal
Bozeman
96
Nashville
96.2
🚗 Transportation3.7%
Bozeman
103.7
Nashville
99.9
🏥 Healthcare3.6%
Bozeman
93.8
Nashville
90.4
Utilities2.2%
Bozeman
73.6
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$75,200
$4,800 less needed in Nashville

Formula: salary × (96.3 ÷ 102.5) = salary × 0.9395. 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×

Nashville, TN

Median Home Price
$444,000
Median Monthly Rent
$1,775
Housing Index
104.6
Price-to-Rent Ratio
20.8×

Bozeman has 24.9% lower housing costs compared to Nashville.

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

Nashville, TN

Median Household Income
$84,700
Per Capita Income
$48,300
Unemployment Rate
2.6%
Population
689,447
Top Industries
HealthcareMusicTourismManufacturingFinance

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)

Nashville, TN
4.0×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.