Cost of LivingUpdated 2026-04-01

Billings, Montana

In Billings, Montana, a gallon of regular gas costs $3.74 as of 2026-04-01 — $0.32 below the national average of $4.06. The average monthly rent for all unit types is $1,364, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Billings's cost-of-living index of 88 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.74

National: $4.06

208.2%since 2000
AAA Gas Prices

Avg Rent (All)

$1,364

National: $1,900

39.2%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$11.88

Combo meal

4.9%YoY

Electricity

12.86¢

per kWh · ~$116/mo

26.0%vs US avg
EIA Residential

Car Insurance

$165/mo

$1,980/yr

7.9%vs national avg
Bankrate/NAIC

Median Household Income

$74,400

30.3% goes to essentials

30.3%cost burden
Census ACS 2023
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Car Insurance

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Avg rent $1,364/mo in Billings. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

+156.4%

Milk (gallon)

$4.10 BLS avg

+44.6%

Ground Beef (lb)

$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

+93.5%

Butter (lb)

$5.25 BLS avg

+27.4%

Bacon (lb)

$7.58 BLS avg

+26.3%

Cheddar Cheese (lb)

$6.71 BLS avg

+22.7%

Pasta (lb)

$1.87 BLS avg

+34.5%

Rice (5 lb)

$5.38 BLS avg

+30.6%

Coffee (12 oz)

$10.90 BLS avg

+37.5%

Orange Juice (64 oz)

Citrus shortage

$5.08 BLS avg

+41.9%

Potatoes (5 lb)

$4.31 BLS avg

+16.8%

Apples (3 lb)

$4.91 BLS avg

+14.7%

Tomatoes (lb)

$2.87 BLS avg

+35.4%

Lettuce (head)

$2.27 BLS avg

+29.7%

Cooking Oil (48 oz)

$8.11 BLS avg

+50.5%

Yogurt (32 oz)

$4.72 BLS avg

+20.4%

Cereal (family size)

$6.08 BLS avg

+30.5%

Frozen Pizza

$8.52 BLS avg

+40.1%

Dining & Restaurants

Fast Food Meal

$11.88

Casual Dining

$24.02

Monthly Spend

$390.99

+4.92% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $7.37

$11.88

+61.2%

Wendy's

2022: $8.32

$12.83

+54.2%

Chipotle

2022: $8.91

$13.31

+49.4%

Starbucks

2022: $4.12

$5.72

+38.8%

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Looking for an Apartment in Billings?

Average 1BR: $1,118/mo · 2BR: $1,610/mo

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Local Workforce

2024 · BLS QCEW

Total Jobs

87k

Median Weekly Pay

$1,206

$63k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$74k

household median

Employment by Sector — Billings

% of local workforce · avg weekly wage · 5-year growth trend

Trade, Transportation & Utilities
+4.9% 5yr$1,137/wk
23.4%

~$59k/yr

Education & Health Services
+7.1% 5yr$1,397/wk
18.3%

~$73k/yr

Leisure & Hospitality
+9.9% 5yr$504/wk
14.2%

~$26k/yr

Professional & Business Services
+13.5% 5yr$1,418/wk
10.6%

~$74k/yr

Manufacturing
+14.0% 5yr$1,429/wk
7.1%

~$74k/yr

Source: BLS QCEW 2024 Annual · County FIPS 30111

Highest Paying Sector

Construction

$1,786/wk · $93k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$504/wk · $26k/yr

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