CostIndexUSA

Bozeman, MT vs Denver, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMT
Bozeman
102.5
overall index
$2,100/mo rent
CO
Denver
105.8
overall index
$1,850/mo rent

Bozeman is slightly cheaper than Denver — 3.2% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $82,600 in Denver. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+5.5%
Bozeman
139.2
Denver
146.9
🛒 Groceries+5.2%
Bozeman
96
Denver
101
🚗 Transportation+0.7%
Bozeman
103.7
Denver
104.4
🏥 Healthcare+0.7%
Bozeman
93.8
Denver
94.5
Utilities+19.4%
Bozeman
73.6
Denver
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Denver, CO
$82,600
$2,600 more needed in Denver

Formula: salary × (105.8 ÷ 102.5) = salary × 1.0322. 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×

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Denver has 5.5% higher housing costs compared to Bozeman.

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

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

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)

Denver, CO
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.