CostIndexUSA

Bozeman, MT vs Joplin, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableMO
Joplin
85.7
overall index
$1,250/mo rent

Joplin is significantly cheaper than Bozeman — 16.4% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $66,900 in Joplin. Calculate your salary ↓

Category Breakdown

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

🏠 Housing61.2%
Bozeman
139.2
Joplin
54
🛒 Groceries1.9%
Bozeman
96
Joplin
94.2
🚗 Transportation5.8%
Bozeman
103.7
Joplin
97.7
🏥 Healthcare5.8%
Bozeman
93.8
Joplin
88.4
Utilities+16.7%
Bozeman
73.6
Joplin
85.9

Salary Equivalency Calculator

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

$
Equivalent salary in Joplin, MO
$66,900
$13,100 less needed in Joplin

Formula: salary × (85.7 ÷ 102.5) = salary × 0.8361. 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×

Joplin, MO

Median Home Price
$216,000
Median Monthly Rent
$1,250
Housing Index
54
Price-to-Rent Ratio
14.4×

Bozeman has 61.2% lower housing costs compared to Joplin.

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

Joplin, MO

Median Household Income
$57,900
Per Capita Income
$33,000
Unemployment Rate
4.4%
Population
50,843
Top Industries
HealthcareManufacturingRetailEducationFinance

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)

Joplin, MO
3.9×income-to-rent ratio

74% 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.