CostIndexUSA

Austin, TX vs Bozeman, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Austin
98.1
overall index
$1,550/mo rent
MT
Bozeman
102.5
overall index
$2,100/mo rent

Austin is slightly cheaper than Bozeman — 4.5% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $83,600 in Bozeman. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+15.6%
Austin
120.4
Bozeman
139.2
🛒 Groceries+2.3%
Austin
93.8
Bozeman
96
🚗 Transportation+2.6%
Austin
101.1
Bozeman
103.7
🏥 Healthcare+2.6%
Austin
91.4
Bozeman
93.8
Utilities10.2%
Austin
82
Bozeman
73.6

Salary Equivalency Calculator

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

$
Equivalent salary in Bozeman, MT
$83,600
$3,600 more needed in Bozeman

Formula: salary × (102.5 ÷ 98.1) = salary × 1.0449. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Bozeman, MT

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

Bozeman has 15.6% higher housing costs compared to Austin.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

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).

Austin, TX
5.3×income-to-rent ratio

81% 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.