Cost of Living in Billings and Southeast Montana

Last checked October 29, 2026.

Billings, Montana’s largest city, needs about $46,700 a year for a single adult renting their own 1-bedroom; Laurel and Miles City cost less.

Town Census median rent, 1-bedroom Income needed at Census rent Income needed at current asking rents Census median home value
Miles City $669 $34,424 $37,312 $200,200
Laurel $789 $36,617 $235,100
Billings $907 $38,774 $46,744 $343,400

Census figures: ACS 2020–2024, rent paid including utilities. Income needed: single adult, paid-off car, 10% saved, after taxes. See all towns for details.

Region notes

  • Utilities: In Billings and Laurel, electricity comes from NorthWestern Energy and gas from Montana-Dakota Utilities. In Miles City, Montana-Dakota supplies both.
  • Getting around: Billings MET Transit charges $2 a ride or $28 for 31 days. Billings Logan International is the region’s airport.
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