City Comparison

Billings vs Fort Myers

Cost of Living Comparison · 2026

Billings

Montana
98
Average
$310,000
Median Home
$1,200/mo
Median Rent
$55,438
Median Income

Fort Myers

Florida
104
Average
$340,000
Median Home
$1,575/mo
Median Rent
$52,200
Median Income

The Verdict

5.8%

The cost gap between these cities is 5.8%, with Billings being the more affordable option. A $75,000 income in Billings has equivalent purchasing power to $79,592 in Fort Myers.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
93
Billings
112
Fort Myers
Groceries
99
Billings
104
Fort Myers
Utilities
89
Billings
101
Fort Myers
Transportation
101
Billings
103
Fort Myers
Healthcare
102
Billings
108
Fort Myers

Salary Equivalence

A $75,000 salary in Billings has the same purchasing power as $79,592 in Fort Myers.

Conversely, $75,000 in Fort Myers equals $70,673 in Billings.

Living in Billings vs Fort Myers

Housing Costs

Billings's housing index of 93 is lower Fort Myers's 112, translating to median home prices of $310,000 vs $340,000. The $30,000 difference in home prices means roughly $1,956 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Billings compared to $1,575/mo in Fort Myers, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 99 in Billings and 104 in Fort Myers. A household spending the national average of $475/month on groceries would pay approximately $470/month in Billings vs $494/month in Fort Myers. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Billings and 101 in Fort Myers. Monthly utility bills average approximately $356 in Billings vs $404 in Fort Myers. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 102 in Billings and 108 in Fort Myers. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $55,438 in Billings and $52,200 in Fort Myers. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $56,569 and $50,192 respectively. Billings residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,294/month to housing in Billings vs $1,218/month in Fort Myers. In Billings, median rent of $1,200/mo fits within this budget. In Fort Myers, median rent of $1,575/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 19 index points — focus your budget analysis there.

Frequently Asked Questions

Billings is 5.8% more affordable overall with an index of 98 vs 104.
A $75,000 salary in Billings has equivalent purchasing power to approximately $79,592 in Fort Myers, based on the cost of living difference.
Billings's housing index is 93 with median homes at $310,000, while Fort Myers's is 112 with median homes at $340,000.

Moving & Relocation Resources

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