Cost of Living: Billings, MT vs Riverview, FL (2026)

Billings

Montana
86
VS

Riverview

Florida
122

Billings is 30% cheaper than Riverview.

$1,097/mo ↓ 42%
Median Rent
$1,890/mo ↑ 72%
$71,855/yr ↓ 25%
Median Income
$95,442/yr ↑ 33%
$311,800 ↓ 9%
Home Value
$341,200 ↑ 9%
$1,177/mo ↓ 33%
Owner Costs
$1,767/mo ↑ 50%
118,321
Population
107,776

Tax Comparison

6.75%
Income Tax
0%
0%
State Sales Tax
6.0%
0.74%
Property Tax
0.86%

Affordability

18.3%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Billings, MT and Riverview, FL, the overall cost of living indices are 86 and 122 respectively (national median = 100). Rent is $793/month cheaper in Billings, saving renters about $9,516/year.

Median household income is $23,587/year higher in Riverview. Home values also differ significantly — the median in Billings is $311,800 compared to $341,200 in Riverview.

Florida has no state income tax, giving Riverview residents a significant tax advantage over Montana's 6.75% rate.

Frequently Asked Questions

Billings vs Riverview — common questions

Is Billings or Riverview cheaper to live in?
Based on our cost index, Billings is cheaper to live in with an index of 86 compared to 122 (US average = 100).
What is the rent difference between Billings and Riverview?
Median rent in Billings is $1,097/month and in Riverview it's $1,890/month — a difference of $793/month.
Which city has higher income, Billings or Riverview?
Median household income is $71,855 in Billings and $95,442 in Riverview. Median household income is $23,587/year higher in Riverview.
How do taxes compare between Montana and Florida?
Montana has 6.75% income tax, 0% sales tax, and 0.74% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Billings or Riverview?
It depends on your priorities. Billings has a cost index of 86 with median rent of $1,097/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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