CostIndexUSA

Billings, MT vs Columbia, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostMT
Billings
93.5
overall index
$1,400/mo rent
SC
Columbia
93.7
overall index
$1,550/mo rent

Billings and Columbia have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+2.7%
Billings
77.4
Columbia
79.5
🛒 Groceries≈ Equal
Billings
96
Columbia
96.3
🚗 Transportation≈ Equal
Billings
103.7
Columbia
103.2
🏥 Healthcare≈ Equal
Billings
93.8
Columbia
93.4
Utilities+22.0%
Billings
72.4
Columbia
88.3

Salary Equivalency Calculator

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

$
Equivalent salary in Columbia, SC
$80,200
$200 more needed in Columbia

Formula: salary × (93.7 ÷ 93.5) = salary × 1.0021. 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×

Columbia, SC

Median Home Price
$248,000
Median Monthly Rent
$1,550
Housing Index
79.5
Price-to-Rent Ratio
13.3×

Columbia has 2.7% higher housing costs compared to Billings.

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

Columbia, SC

Median Household Income
$67,200
Per Capita Income
$38,300
Unemployment Rate
5.3%
Population
136,632
Top Industries
GovernmentMilitaryHealthcareEducationFinance

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)

Columbia, SC
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.