CostIndexUSA

Bozeman, MT vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMT
Bozeman
102.5
overall index
$2,100/mo rent
NY
New York
112.6
overall index
$3,225/mo rent

Bozeman is moderately cheaper than New York — 9.9% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $87,900 in New York. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+6.8%
Bozeman
139.2
New York
148.6
🛒 Groceries+14.9%
Bozeman
96
New York
110.3
🚗 Transportation+7.1%
Bozeman
103.7
New York
111.1
🏥 Healthcare+7.1%
Bozeman
93.8
New York
100.5
Utilities+72.6%
Bozeman
73.6
New York
127

Salary Equivalency Calculator

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

$
Equivalent salary in New York, NY
$87,900
$7,900 more needed in New York

Formula: salary × (112.6 ÷ 102.5) = salary × 1.0985. 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×

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

New York has 6.8% higher housing costs compared to Bozeman.

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

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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)

New York, NY
2.5×income-to-rent ratio

59% 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.