CostIndexUSA

Bozeman, MT vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableFL
Lakeland
97.1
overall index
$1,825/mo rent

Lakeland is moderately cheaper than Bozeman — 5.3% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $75,800 in Lakeland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing31.1%
Bozeman
139.2
Lakeland
95.9
🛒 Groceries≈ Equal
Bozeman
96
Lakeland
96.2
🚗 Transportation≈ Equal
Bozeman
103.7
Lakeland
103.8
🏥 Healthcare≈ Equal
Bozeman
93.8
Lakeland
93.9
Utilities+18.1%
Bozeman
73.6
Lakeland
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Lakeland, FL
$75,800
$4,200 less needed in Lakeland

Formula: salary × (97.1 ÷ 102.5) = salary × 0.9473. 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×

Lakeland, FL

Median Home Price
$295,000
Median Monthly Rent
$1,825
Housing Index
95.9
Price-to-Rent Ratio
13.5×

Bozeman has 31.1% lower housing costs compared to Lakeland.

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

Lakeland, FL

Median Household Income
$66,900
Per Capita Income
$38,100
Unemployment Rate
3.7%
Population
119,428
Top Industries
HealthcareLogisticsManufacturingRetailAgriculture

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)

Lakeland, FL
3.1×income-to-rent ratio

67% 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.