Cost of living
Bozeman, Montana
(Bozeman is Located in Gallatin County)
Cost of living in Bozeman, Montana
Cost of living
compared to USA
high
Cost of living
compared to Montana
high
Median household
income
high
Is it expensive to live in Bozeman, Montana? When calculating the cost of living in Bozeman, Montana we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Bozeman, Montana is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Montana, while median household income in Bozeman is $67,011 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Montana.
Taxes in Bozeman, Montana
The sales tax rate in Bozeman, Montana is 0.0%. Last year, the average property taxes paid was 0.8% Bozeman, Montana.
Here is the table with the State Income Taxes in the state of Montana:
State Income Tax Brackets:
| Income Brackets(single): | Income Brackets(Married): | Montana Income Tax Rate |
|---|---|---|
| $0 - $3,600 | $0 - $3,600 | 1.0% |
| $3,600 - $6,300 | $3,600 - $6,300 | 2.0% |
| $6,300 - $9,700 | $6,300 - $9,700 | 3.0% |
| $9,700 - $13,000 | $9,700 - $13,000 | 4.0% |
| $13,000 - $16,800 | $13,000 - $16,800 | 5.0% |
| $16,800 - $21,600 | $16,800 - $21,600 | 6.0% |
| >= $21,600 | >= $21,600 | 6.8% |
Housing costs in Bozeman, Montana
The average cost of
a single-family home
compated to USA
the highest
The average cost of
a single-family home
compated to Montana
the highest
In Bozeman, Montana, 43.0% of the population owns their homes, while approximately 57.0% rent. The average cost of a single-family home in Bozeman, Montana in 2023 is $704,501 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Montana. The average one-bedroom apartment cost is approximately $[no data] per month.
| Rental Size | Monthly Cost | Compared to Montana |
|---|---|---|
| 1 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 65%
Housing units without a mortgage 35%
Housing units without a mortgage 35%
Housing units with a mortgage, contract to purchase, or similar debt 65%
Housing units with multiple mortgages 8%
Housing units with no second mortgage and no home equity loan 91%
Home equity loan without a primary mortgage 1%
Mortgage, with only second mortgage 11%
Mortgage, with only home equity loan 61%
Mortgage with both second mortgage and home equity loan 28%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Pros and Cons of living in Bozeman, Montana in reviews from users in their own words:
| Pros | Cons |
|---|---|
Fly fishing
Horse riding
Beautiful
Mountains
Rivers
Safe
Vibe
Access to outdoors
Public land
Music scene
College town | High cost of living
Long winter
Too young
Uncontrolled growth
Small
|
pretty landscape, lots of shops, good food, healthy lifestyle, marijuana is legal | Not very diverse, expensive, lots of homeless indivuduals |
| See all Pros & Cons | |
| Pros |
|---|
Fly fishing
Horse riding
Beautiful
Mountains
Rivers
Safe
Vibe
Access to outdoors
Public land
Music scene
College town |
pretty landscape, lots of shops, good food, healthy lifestyle, marijuana is legal |
| Cons | |
|---|---|
High cost of living
Long winter
Too young
Uncontrolled growth
Small
| |
Not very diverse, expensive, lots of homeless indivuduals | |
| See all Pros & Cons | |
Cities Near Bozeman, MT
Get detailed information on cities nearest to Bozeman, MT
King Arthur Park, MT
Location data:
Low sales tax
Political view diversity
Low cancer mortality rate
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