Montana city profile

What Is It Like to Live in Billings?

What it costs to live in Billings, and how it compares with other Montana cities, in plain numbers.

Value score

62

2nd best value in Montana

How much you get for what you pay, versus other Montana cities.

Overall livability

68

2nd overall in Montana

Cost, safety, schools, jobs and quality of life combined.

Billings is home to about 115,689 people. A typical home runs $248,800 and a household earns around $63,600, a price-to-income ratio of 3.9. Among Montana's cities, it ranks 2nd for value and 2nd overall. For context, the typical Billings home is about 52% below the statewide median of $523,000 and local household income is about the same as the statewide median of $64,700.

Billings at a glance

Median home price

$248,800

3rd in MT of 7

Median rent

$965/mo

Median household income

$63,600

Home price to income

3.9x

Unemployment

4.1%

4th in MT of 7

School rating

5/10

1st in MT of 7

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More Montana cities: Bozeman, Butte Silver Bow, Great Falls, Helena, Kalispell, Missoula

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Montana only. Updated 2026.