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Belgrade, MT vs Hamilton, MT

121
Belgrade
Montana
VS
+40.5%
86
Hamilton
Montana

The cost of living difference between Belgrade, MT and Hamilton, MT is dramatic. Hamilton is 40.5% cheaper than Belgrade, a gap that translates to thousands of dollars per year in household expenses. Belgrade has a cost index of 121 while Hamilton sits at 86, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Belgrade is $1,582/month compared to $958/month in Hamilton — a 65% difference. Home values follow the same pattern: Hamilton is more affordable at $299,800 median vs $469,600.

Median household income in Belgrade is $88,896 compared to $52,917 in Hamilton (+68%). While Belgrade is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belgrade spend roughly 21.4% of their income on rent, less than the 21.7% in Hamilton.

Income & Cost

Cost of Living Index
Belgrade
121
Hamilton
86
29% cheaper
Median Household Income
Belgrade
$88,896
40% higher
Hamilton
$52,917

Housing

Median Rent
Belgrade
$1,582
Hamilton
$958
39% cheaper
Median Home Value
Belgrade
$469,600
Hamilton
$299,800
36% cheaper
Population
Belgrade
11,425
Hamilton
4,949

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Belgrade $2.96
Hamilton
US $3.07
🥚
Eggs (grade A, large)
Belgrade $2.41
Hamilton
US $2.50
🥛
Milk (whole)
Belgrade $3.88
Hamilton
US $4.03
🍞
Bread (white)
Belgrade $1.79
Hamilton
US $1.85
🍗
Chicken breast
Belgrade $4.00
Hamilton
US $4.14
Electricity
Belgrade $0.14
Hamilton
US $0.19