Side-by-side cost of living comparison for 2026
3% cheaper
Cheyenne is 3% more affordable than Billings. A $75,000 salary in Billings is equivalent to $72,704 in Cheyenne.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: Montana salaries · Wyoming salaries
Housing is typically the biggest factor in any cost-of-living comparison. Billings has a housing index of 93 while Cheyenne sits at 85 (national average = 100). The median home in Billings costs $310,000 compared to $280,000 in Cheyenne, a difference of $30,000. Monthly rent follows a similar pattern: $1,200 in Billings versus $1,100 in Cheyenne.
Groceries and everyday expenses show a narrower gap: Billings scores 99 while Cheyenne scores 98. Both cities are close to the national average for grocery costs.
Healthcare costs in Billings (102) are higher than Cheyenne (100). Both are close to the national average.
Median household income in Billings is $55,438 compared to $57,834 in Cheyenne. When adjusted for cost of living, income goes further in Cheyenne.
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