What Salary Do You Need to Live in Bozeman, MT?
To live comfortably in Bozeman, a household needs to earn roughly $60,000/year. That's about $5,000/month before taxes.
The Number: $60,000/year
At $60,000 per year, a household in Bozeman can afford median-priced rental housing at roughly 28% of gross income.
This is based on Bozeman's median monthly rent of $1,400 and the 28% housing guideline. Source: Census ACS 2024.
Bozeman at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Bozeman on roughly $40,000/year. That's about $3,333/month before taxes.
Salary Questions About Bozeman
The median monthly rent is $1,400. Using the 30% guideline, you need about $56,000/year to afford this comfortably.
The median home price is $620,000. With a 20% down payment, you would need roughly $124,000 saved and a household income to support the mortgage payments.
The median household income is $58,000/year. Our recommended salary of $60,000/year is above the median, reflecting a comfortable (not extravagant) standard of living.