CostIndexUSA

Bozeman, MT vs Grand Junction, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableCO
Grand Junction
95.5
overall index
$1,725/mo rent

Grand Junction is moderately cheaper than Bozeman — 6.8% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $74,500 in Grand Junction. Calculate your salary ↓

Category Breakdown

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

🏠 Housing37.9%
Bozeman
139.2
Grand Junction
86.4
🛒 Groceries≈ Equal
Bozeman
96
Grand Junction
96.1
🚗 Transportation+1.1%
Bozeman
103.7
Grand Junction
104.8
🏥 Healthcare+1.1%
Bozeman
93.8
Grand Junction
94.8
Utilities+13.2%
Bozeman
73.6
Grand Junction
83.3

Salary Equivalency Calculator

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

$
Equivalent salary in Grand Junction, CO
$74,500
$5,500 less needed in Grand Junction

Formula: salary × (95.5 ÷ 102.5) = salary × 0.9317. 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×

Grand Junction, CO

Median Home Price
$418,000
Median Monthly Rent
$1,725
Housing Index
86.4
Price-to-Rent Ratio
20.2×

Bozeman has 37.9% lower housing costs compared to Grand Junction.

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

Grand Junction, CO

Median Household Income
$64,700
Per Capita Income
$36,900
Unemployment Rate
4.4%
Population
64,785
Top Industries
EnergyHealthcareAgricultureRetailGovernment

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)

Grand Junction, CO
3.1×income-to-rent ratio

68% 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.