Montana vs New York Cost of Living
Purchasing power
Your $75,000 is worth different amounts in each state
$77,479
in Montana
$59,618
in New York
Each cell = 1% of purchasing power. Green = value, red = gap.
Spending breakdown
Estimated annual spending on a $75,000 salary
What things actually cost
Real dollar costs side by side
Category breakdown
| Category | Montana | New York | Difference |
|---|---|---|---|
| Housing | 94.4 | 174.7 | -46% |
| Groceries | 101.6 | 103.3 | -2% |
| Utilities | 81.5 | 101.5 | -20% |
| Transportation | 99.5 | 108.1 | -8% |
| Healthcare | 106.5 | 110.9 | -4% |
| Dining & Misc | 98.6 | 105.8 | -7% |
| Overall | 96.8 | 125.8 | -23% |
Index values relative to national average (100). Positive difference = more expensive in Montana.
What things actually cost
| Item | Montana | New York | Difference |
|---|---|---|---|
| Median home price | $410,000 | $450,000 | $40,000 |
| Average 2BR rent | $1,322/mo | $2,446/mo | $1,124 |
| Gas price | $3.19/gal | $3.47/gal | $0.28 |
| Electric bill | $96/mo | $174/mo | $78 |
| Infant childcare | $12,778/yr | $17,361/yr | $4,583 |
Salary equivalent: Montana → New York
What a Montana salary buys you in New York, adjusted for cost of living.
| Salary in Montana | Equivalent in New York | Difference |
|---|---|---|
| $50,000 | $64,979 | $-14,979 |
| $75,000 | $97,469 | $-22,469 |
| $100,000 | $129,959 | $-29,959 |
| $150,000 | $194,938 | $-44,938 |
| $200,000 | $259,917 | $-59,917 |
Positive = your money goes further in New York. Based on overall COL index ratio.
Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.
Overview
New York is 23% more expensive than Montana overall. New York has an index of 125.8 vs 96.8 for Montana (national average = 100).
FAQ
Is it cheaper to live in Montana or New York?
Montana is cheaper to live in. New York is 23% more expensive overall. The biggest driver is housing — median home prices are $410,000 in Montana vs $450,000 in New York.
Is Montana cheaper than New York?
Yes, Montana is 23% cheaper than New York overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.
Is New York more expensive than Montana?
Yes, New York is 23% more expensive than Montana based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.
What salary in New York equals $100,000 in Montana?
To maintain the same purchasing power as a $100,000 salary in Montana, you would need approximately $129,959 in New York. This is based on the overall cost-of-living index (96.8 vs 125.8).
How do housing costs compare between Montana and New York?
Housing is significantly cheaper in Montana. Median home prices are $410,000 in Montana vs $450,000 in New York — a $40,000 difference. Average 2-bedroom rent is $1,322/mo vs $2,446/mo.
What costs more in Montana vs New York?
Housing is 46% lower in Montana (index 94.4 vs 174.7). Utilities is 20% lower in Montana (index 81.5 vs 101.5). Transportation is 8% lower in Montana (index 99.5 vs 108.1).
Is gas cheaper in Montana or New York?
Gas averages $3.19/gallon in Montana and $3.47/gallon in New York — a $0.28 difference per gallon.
Montana vs New York cost of living — how do they compare?
Montana has an overall cost-of-living index of 96.8 and New York has 125.8 (national average = 100). New York is 23% more expensive overall. Use the calculator above to see how this affects your specific salary.
How do taxes compare between Montana and New York?
Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Montana vs New York paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.
Where does this cost of living data come from?
Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.
Related tools
- Montana Cost of Living — Housing, groceries, gas, and more
- New York Cost of Living — Housing, groceries, gas, and more
- Montana vs New York Paycheck Comparison — Compare take-home pay after taxes
- House Affordability in Montana — How much house can you afford?
- House Affordability in New York — How much house can you afford?
- Compare any two states
Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.