CostIndexUSA

Bozeman, MT vs Champaign, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableIL
Champaign
92.7
overall index
$1,275/mo rent

Champaign is moderately cheaper than Bozeman — 9.6% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $72,400 in Champaign. Calculate your salary ↓

Category Breakdown

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

🏠 Housing48.6%
Bozeman
139.2
Champaign
71.6
🛒 Groceries2.5%
Bozeman
96
Champaign
93.6
🚗 Transportation+0.9%
Bozeman
103.7
Champaign
104.6
🏥 Healthcare+0.9%
Bozeman
93.8
Champaign
94.6
Utilities+23.0%
Bozeman
73.6
Champaign
90.5

Salary Equivalency Calculator

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

$
Equivalent salary in Champaign, IL
$72,400
$7,600 less needed in Champaign

Formula: salary × (92.7 ÷ 102.5) = salary × 0.9044. Based on BEA Regional Price Parities.

Housing Market

Bozeman, MT

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

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Bozeman has 48.6% lower housing costs compared to Champaign.

Income & Job Market

Bozeman, MT

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

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Affordability at a Glance

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

Bozeman, MT
3.6×income-to-rent ratio

72% of income left after rent (median)

Champaign, IL
4.1×income-to-rent ratio

75% 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.