CostIndexUSA

Billings, MT vs Charleston, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Billings
93.5
overall index
$1,400/mo rent
More AffordableWV
Charleston
88.7
overall index
$1,000/mo rent

Charleston is moderately cheaper than Billings — 5.1% lower overall cost of living.

To match an $80,000 salary in Billings, you would need $75,900 in Charleston. Calculate your salary ↓

Category Breakdown

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

🏠 Housing33.6%
Billings
77.4
Charleston
51.4
🛒 Groceries≈ Equal
Billings
96
Charleston
96.3
🚗 Transportation+1.1%
Billings
103.7
Charleston
104.8
🏥 Healthcare+1.1%
Billings
93.8
Charleston
94.8
Utilities+26.7%
Billings
72.4
Charleston
91.7

Salary Equivalency Calculator

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

$
Equivalent salary in Charleston, WV
$75,900
$4,100 less needed in Charleston

Formula: salary × (88.7 ÷ 93.5) = salary × 0.9487. Based on BEA Regional Price Parities.

Housing Market

Billings, MT

Median Home Price
$392,000
Median Monthly Rent
$1,400
Housing Index
77.4
Price-to-Rent Ratio
23.3×

Charleston, WV

Median Home Price
$143,000
Median Monthly Rent
$1,000
Housing Index
51.4
Price-to-Rent Ratio
11.9×

Billings has 33.6% lower housing costs compared to Charleston.

Income & Job Market

Billings, MT

Median Household Income
$70,800
Per Capita Income
$40,400
Unemployment Rate
3.2%
Population
117,116
Top Industries
EnergyHealthcareRetailAgricultureManufacturing

Charleston, WV

Median Household Income
$55,400
Per Capita Income
$31,600
Unemployment Rate
5.1%
Population
47,068
Top Industries
GovernmentHealthcareEnergyFinanceEducation

Affordability at a Glance

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

Billings, MT
4.2×income-to-rent ratio

76% of income left after rent (median)

Charleston, WV
4.6×income-to-rent ratio

78% 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.