Cost of Living in Bozeman, MT (2026)

Last checked October 29, 2026.

Bozeman is Montana’s most expensive larger town: a single adult renting their own 1-bedroom needs about $60,300 a year, while the median job there pays $54,830. Sharing a 2-bedroom brings the figure down to about $44,800.

At a glance

Population 58,814 (July 2025 Census estimate)
Region Yellowstone Country, Gallatin County
Average 1-bedroom / 2-bedroom rent $1,891 / $2,082
Median home sale price $649,570 (Redfin, Aug 2026)
Income needed, own 1-bedroom $60,325 full budget; $75,640 by the 30% rule
Median wage, all jobs $54,830 (Bozeman metro, May 2025)
Electric and gas NorthWestern Energy for both
Resort tax None in Bozeman; 4% in nearby Big Sky and West Yellowstone
Buses Streamline, fare-free
Airport / hospital Bozeman Yellowstone International (BZN) / Bozeman Health Deaconess

Rent

Source 1-bedroom 2-bedroom Date
Zumper $1,832 $1,900 Oct 26, 2026
RentCafe $1,911 $2,147 Sep 30, 2026
Apartments.com $1,929 $2,199 Oct 2026
Average $1,891 $2,082

These are average asking rents on listings. Zumper reports rents up about 5% from a year earlier.

Buying a home

Redfin’s median sale price was $649,570 in August 2026, down 7.1% from a year earlier (Redfin). Single-family homes cost more: their median was $715,000 in February 2026, down from a peak of $898,000 in May 2023. Montana Free Press reported that buying the median home would take about $220,000 a year in income (Montana Free Press).

Property tax on a $649,570 home is about $2,977 a year if it’s your primary residence and about $6,910 as a second home, using the 559.86-mill total levy on 2025 Gallatin County tax bills for city parcels (our calculation; see property tax).

Monthly budget, own 1-bedroom

Rent $1,891
Electric and gas (NorthWestern Energy typical bills) $195
Car, paid off $441
Groceries, health premium, phone and internet, eating out, renters insurance, other $1,018
Total $3,545
Salary needed with 10% saved, after taxes $60,325 ($29.00 an hour)

Change any line in the salary calculator. Streamline buses are free, so some people near a route manage without a car, which cuts about $441 a month.

Common questions

How much do you need to make to live in Bozeman?

About $60,300 a year before taxes ($29.00 an hour) for a single adult renting their own 1-bedroom, with a paid-off car and 10% saved, at 2026 asking rents and tax rates (our calculation). Sharing a 2-bedroom brings it to about $44,800. The median job in the Bozeman metro paid $54,830 in May 2025 (BLS).

What is the average rent in Bozeman?

About $1,891 a month for a 1-bedroom and $2,082 for a 2-bedroom, the average of Zumper, RentCafe and Apartments.com asking rents in October 2026.

How much are property taxes in Bozeman?

On the $649,570 median home (Redfin, August 2026), about $2,977 a year if you live in it and $6,910 as a second home, at Montana’s 2026 rates and the 559.86-mill levy on 2025 Gallatin County tax bills for city parcels.

Does Bozeman have a sales tax?

No. Montana has no general sales tax, and Bozeman has no resort tax. Nearby Big Sky and West Yellowstone charge a 4% resort tax on many purchases.

Is Bozeman the most expensive town in Montana?

Among the towns we track, Bozeman needs the most income to rent your own 1-bedroom at current asking rents ($60,325), just ahead of Big Sky ($59,795). Big Sky is far more expensive to buy in: its median sale price was about $1.9 million, against $649,570 in Bozeman (Redfin, 2026). See the cost index.

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