CostIndexUSA

Albuquerque, NM vs Bozeman, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,525/mo rent
MT
Bozeman
102.5
overall index
$2,100/mo rent

Albuquerque is moderately cheaper than Bozeman — 7.3% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $85,900 in Bozeman. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+56.1%
Albuquerque
89.2
Bozeman
139.2
🛒 Groceries≈ Equal
Albuquerque
96.1
Bozeman
96
🚗 Transportation≈ Equal
Albuquerque
103.5
Bozeman
103.7
🏥 Healthcare≈ Equal
Albuquerque
93.6
Bozeman
93.8
Utilities5.5%
Albuquerque
77.9
Bozeman
73.6

Salary Equivalency Calculator

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

$
Equivalent salary in Bozeman, MT
$85,900
$5,900 more needed in Bozeman

Formula: salary × (102.5 ÷ 95.5) = salary × 1.0733. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Bozeman, MT

Median Home Price
$678,000
Median Monthly Rent
$2,100
Housing Index
139.2
Price-to-Rent Ratio
26.9×

Bozeman has 56.1% higher housing costs compared to Albuquerque.

Income & Job Market

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Bozeman, MT

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
2.4%
Population
53,293
Top Industries
EducationTechnologyTourismHealthcareAgriculture

Affordability at a Glance

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

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Bozeman, MT
3.6×income-to-rent ratio

72% 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.