Cost of Living: Montana vs Wyoming

Quick answer

Wyoming is cheaper for a single adult by about $134/month, mainly driven by rent.

Share this guide
Snapshot

Comparison at a glance

Montana vs Wyoming
  • Monthly difference
    $134/mo
    Wyoming saves vs Montana
  • Housing difference
    $0/mo
    Montana cheaper on 1BR rent
  • Grocery difference
    $29/mo
    Wyoming has a lighter basket
  • Equivalent salary
    ≈ $78,500
    $75,000 in Wyoming → Montana
  • Cheaper overall
    Wyoming
    ~5% lower single-adult budget
  • Affordability winner
    Wyoming
    Lower combined rent + essentials
Monthly budget

Side-by-side single-adult budget

Montana
Housing (rent + insurance)
$1,100
36%
Transportation
$490
16%
Groceries
$428
14%
Utilities & internet
$199
7%
Healthcare
$326
11%
Entertainment & dining
$224
7%
Misc & personal
$286
9%
Total: $3,053/mo
Wyoming
Housing (rent + insurance)
$1,100
38%
Transportation
$456
16%
Groceries
$399
14%
Utilities & internet
$185
6%
Healthcare
$304
10%
Entertainment & dining
$209
7%
Misc & personal
$266
9%
Total: $2,919/mo
What this means in real life

The big differences between Montana and Wyoming come down to rent and tax. Groceries, transport, and utilities are usually within 10–15%; housing can swing the total by hundreds of dollars per month.

More comparisons
Explore neighbors
Side-by-side

Cost of Living Verdict

Six quick takes on where Montana and Wyoming actually pull ahead.

  • Cheaper overall
    Wyoming

    Wyoming runs about $134/mo lower for a single-adult budget (~5% cheaper).

  • Better housing affordability
    Tie

    1-bedroom rent is within a few percent in both regions.

  • Better for families
    Wyoming

    Wyoming keeps the family-of-four monthly total lower thanks to cheaper 2BR rent and groceries.

  • Better for retirees
    Wyoming

    Wyoming combines lower rent and healthcare with a softer income-tax burden — easier on a fixed pension.

  • Better for remote workers
    Wyoming

    Wyoming has a lower cost index (95 vs 102), so an out-of-state salary stretches further.

  • Better purchasing power
    Wyoming

    Wyoming has a stronger median-income-to-cost ratio — local wages cover more of the typical basket.

In practice

What this difference means in practice

The headline gap broken into the four buckets that actually move household budgets.

  • Housing impact

    Housing costs are essentially the same in both regions — within a few percent.

  • Daily spending

    Wyoming runs about 7% cheaper on groceries than Montana — noticeable, but not a deciding factor on its own.

  • Transport & utilities

    Wyoming runs about 7% cheaper on transport + utilities than Montana — noticeable, but not a deciding factor on its own.

  • Lifestyle

    Wyoming runs about 7% cheaper on lifestyle (dining + extras) than Montana — noticeable, but not a deciding factor on its own.

Purchasing power

Purchasing power snapshot

Which region stretches a dollar further, category by category.

  • Housing
    tie
    Tied

    Rent is comparable.

  • Groceries
    slight advantage
    Wyoming

    Weekly grocery basket is lighter in Wyoming.

  • Utilities
    slight advantage
    Wyoming

    Lower monthly utility load in Wyoming.

  • Transport
    slight advantage
    Wyoming

    Cheaper commuting overall in Wyoming.

  • Healthcare
    slight advantage
    Wyoming

    Lower out-of-pocket healthcare in Wyoming.

  • Lifestyle
    slight advantage
    Wyoming

    Dining, entertainment, and extras are cheaper in Wyoming.

By household

Who benefits more?

The same comparison reads very differently depending on the household.

  • Families
    Wyoming

    Lower 2BR rent and grocery load make Wyoming the easier family budget.

  • Singles
    Wyoming

    Cheaper 1BR rent and entertainment costs tilt to Wyoming.

  • Retirees
    Wyoming

    Wyoming eases housing and healthcare — important on a fixed income.

  • Remote workers
    Wyoming

    An out-of-state salary stretches further in Wyoming thanks to a lower cost index.

  • Students
    Wyoming

    Lower rent and commuting costs make Wyoming easier on a tight student budget.

  • High earners
    Wyoming

    Wyoming blends a more efficient tax load with stronger local incomes.

Equivalency

Equivalent lifestyle salary

How much you'd need in Montana to match the lifestyle a given salary buys in Wyoming.

$50,000 in Wyoming
$52,500

needed in Montana for the same lifestyle.

$75,000 in Wyoming
$78,500

needed in Montana for the same lifestyle.

$100,000 in Wyoming
$104,500

needed in Montana for the same lifestyle.

Housing

Housing affordability

Montana
1BR rent
$1,100
2BR rent
$1,300
Wyoming
1BR rent
$1,100
2BR rent
$1,300

Rent is roughly equivalent in both regions — housing won't be the deciding factor.

Ownership affordability follows the same shape: lower rents typically signal more attainable mortgage payments at similar incomes.

By category

Category-by-category

CategoryMontanaWyomingLower
Housing (1BR rent)$1,100$1,100Tied
Groceries$428$399Wyoming
Utilities$199$185Wyoming
Transportation$490$456Wyoming
Healthcare$326$304Wyoming
Top income tax0.1%0.0%Tied
Lifestyle (dining + extras)$510$475Wyoming
FAQ

Comparison FAQ

Is Montana more expensive than Wyoming?
Montana is roughly 5% more expensive than Wyoming for a single-adult monthly budget — about $134 more per month.
How much salary do I need to move from Wyoming to Montana?
If $100,000 supports your lifestyle in Wyoming, you'd need roughly $104,500 in Montana to maintain the same purchasing power.
Which region offers better affordability?
Wyoming comes out lower on the combined single-adult budget — about $134/mo cheaper than Montana.
Is housing significantly cheaper in one of them?
Rent is roughly equivalent in both regions — housing won't be the deciding factor.
Can a remote worker benefit from moving?
Yes — a remote salary anchored to Montana rates stretches further in Wyoming, where local prices and taxes are lower.
What income is considered comfortable in Montana?
Roughly $56,000/yr gross typically supports a comfortable single-adult lifestyle in Montana, leaving room for savings on top of monthly costs.
Keep comparing

Related cost-of-living comparisons

Deep dive

Deep-dive each region

Keep exploring

These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.