CostIndexUSA

Bozeman, MT vs Lexington, KY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableKY
Lexington
92.9
overall index
$1,500/mo rent

Lexington is moderately cheaper than Bozeman — 9.4% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $72,500 in Lexington. Calculate your salary ↓

Category Breakdown

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

🏠 Housing44.6%
Bozeman
139.2
Lexington
77.1
🛒 Groceries≈ Equal
Bozeman
96
Lexington
96.2
🚗 Transportation1.9%
Bozeman
103.7
Lexington
101.7
🏥 Healthcare1.9%
Bozeman
93.8
Lexington
92
Utilities+1.4%
Bozeman
73.6
Lexington
74.6

Salary Equivalency Calculator

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

$
Equivalent salary in Lexington, KY
$72,500
$7,500 less needed in Lexington

Formula: salary × (92.9 ÷ 102.5) = salary × 0.9063. 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×

Lexington, KY

Median Home Price
$313,000
Median Monthly Rent
$1,500
Housing Index
77.1
Price-to-Rent Ratio
17.4×

Bozeman has 44.6% lower housing costs compared to Lexington.

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

Lexington, KY

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
3.8%
Population
322,570
Top Industries
HealthcareEducationManufacturingAgricultureGovernment

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)

Lexington, KY
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.