CostIndexUSA

Corvallis, OR vs Missoula, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableMT
Missoula
96.4
overall index
$1,550/mo rent

Missoula is moderately cheaper than Corvallis — 7.3% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $74,200 in Missoula. Calculate your salary ↓

Category Breakdown

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

🏠 Housing17.0%
Corvallis
114.4
Missoula
94.9
🛒 Groceries8.8%
Corvallis
105.3
Missoula
96
🚗 Transportation1.5%
Corvallis
105.3
Missoula
103.7
🏥 Healthcare1.6%
Corvallis
95.3
Missoula
93.8
Utilities33.6%
Corvallis
108.6
Missoula
72.1

Salary Equivalency Calculator

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

$
Equivalent salary in Missoula, MT
$74,200
$5,800 less needed in Missoula

Formula: salary × (96.4 ÷ 104) = salary × 0.9269. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Corvallis has 17.0% lower housing costs compared to Missoula.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Corvallis, OR
3.1×income-to-rent ratio

68% of income left after rent (median)

Missoula, MT
3.9×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.