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Boulder, MT vs Shelby, MT

69
Boulder
Montana
VS
-5%
73
Shelby
Montana

Boulder is moderately more affordable than Shelby, with a 5% lower cost of living index. Boulder scores 69 compared to 73 for Shelby, where the US average is 100. This difference means residents of Shelby can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boulder is $692/month compared to $769/month in Shelby — a 10% difference. Home values follow the same pattern: Boulder is more affordable at $194,800 median vs $206,000.

Median household income in Boulder is $61,250 compared to $53,357 in Shelby (+14.8%). Boulder offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boulder spend roughly 13.6% of their income on rent, less than the 17.3% in Shelby.

Income & Cost

Cost of Living Index
Boulder
69
5% cheaper
Shelby
73
Median Household Income
Boulder
$61,250
13% higher
Shelby
$53,357

Housing

Median Rent
Boulder
$692
10% cheaper
Shelby
$769
Median Home Value
Boulder
$194,800
5% cheaper
Shelby
$206,000
Population
Boulder
1,326
Shelby
3,129

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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