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Billings, MT vs Missoula, MT

90
Billings
Montana
VS
-11.2%
102
Missoula
Montana

Billings is moderately more affordable than Missoula, with a 11.2% lower cost of living index. Billings scores 90 compared to 102 for Missoula, where the US average is 100. This difference means residents of Missoula can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Billings is $1,097/month compared to $1,120/month in Missoula — a 2% difference. Home values follow the same pattern: Billings is more affordable at $311,800 median vs $427,400.

Median household income in Billings is $71,855 compared to $65,329 in Missoula (+10%). Billings offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Billings spend roughly 18.3% of their income on rent, less than the 20.6% in Missoula.

Income & Cost

Cost of Living Index
Billings
90
11% cheaper
Missoula
102
Median Household Income
Billings
$71,855
9% higher
Missoula
$65,329

Housing

Median Rent
Billings
$1,097
2% cheaper
Missoula
$1,120
Median Home Value
Billings
$311,800
27% cheaper
Missoula
$427,400
Population
Billings
118,321
Missoula
75,600

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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