Housing costs in Billings?
A typical home costs
$351,900, which is 4.1% more expensive than the national average of
$338,100 and 20.3% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Billings costs
$1,150 per month, which is 16.2% more than the national average of
$990 and 8.7% more than the state average of
$1,050.
Can I afford Billings?
To live comfortably in Billings (zip 59102), Montana, a minimum annual income of
$67,320 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Billings?
The cost of living in Billings, MT 59102 is relatively low compared to the national average. According to Sperling's Best Places, the overall cost of living index is 92, making it 8% lower than the average U.S. city. Housing prices are particularly low, with a median home price of $198,100 that is over 20% lower than the national median. Renters can also find affordable options here with an average monthly rent being around $800 for a one-bedroom apartment. Additionally, utilities are on par with the national average and food costs are slightly below average as well. In short, Billings residents enjoy a relatively low cost of living that doesn't sacrifice quality of life or access to amenities.