Billings, MT vs Great Falls, MT
There is a significant gap in the cost of living between these two cities. Great Falls is 15.4% cheaper than Billings. With a cost index of 78 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Great Falls to Billings should plan for substantially higher expenses across most categories.
On the housing front, median rent in Billings is $1,097/month compared to $866/month in Great Falls — a 27% difference. Home values follow the same pattern: Great Falls is more affordable at $237,400 median vs $311,800.
Median household income in Billings is $71,855 compared to $63,934 in Great Falls (+12.4%). The higher salaries in Billings partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Billings spend roughly 18.3% of their income on rent, more than the 16.3% in Great Falls.
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