CostIndexUSA

Bozeman, MT vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableFL
Palm Bay
100
overall index
$1,875/mo rent

Palm Bay is slightly cheaper than Bozeman — 2.4% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $78,000 in Palm Bay. Calculate your salary ↓

Category Breakdown

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

🏠 Housing19.8%
Bozeman
139.2
Palm Bay
111.7
🛒 Groceries≈ Equal
Bozeman
96
Palm Bay
96.2
🚗 Transportation≈ Equal
Bozeman
103.7
Palm Bay
103.8
🏥 Healthcare≈ Equal
Bozeman
93.8
Palm Bay
93.9
Utilities+19.7%
Bozeman
73.6
Palm Bay
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Palm Bay, FL
$78,000
$2,000 less needed in Palm Bay

Formula: salary × (100 ÷ 102.5) = salary × 0.9756. 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×

Palm Bay, FL

Median Home Price
$336,000
Median Monthly Rent
$1,875
Housing Index
111.7
Price-to-Rent Ratio
14.9×

Bozeman has 19.8% lower housing costs compared to Palm Bay.

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

Palm Bay, FL

Median Household Income
$78,600
Per Capita Income
$44,800
Unemployment Rate
5.1%
Population
119,760
Top Industries
AerospaceHealthcareTechnologyManufacturingRetail

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)

Palm Bay, FL
3.5×income-to-rent ratio

71% 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.