City Comparison

Billings vs Gresham

Cost of Living Comparison · 2026

Billings

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

Gresham

Oregon
128
Expensive
$459,000
Median Home
$1,450/mo
Median Rent
$69,600
Median Income

The Verdict

23.4%

Living in Billings costs 23.4% less than Gresham. To match the purchasing power of a $75,000 salary in Billings, you would need $97,959 in Gresham.

Category-by-Category Breakdown

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

Housing
93
Billings
172
Gresham
Groceries
99
Billings
101
Gresham
Utilities
89
Billings
96
Gresham
Transportation
101
Billings
126
Gresham
Healthcare
102
Billings
103
Gresham

Salary Equivalence

A $75,000 salary in Billings has the same purchasing power as $97,959 in Gresham.

Conversely, $75,000 in Gresham equals $57,422 in Billings.

Living in Billings vs Gresham

Housing Costs

Billings's housing index of 93 is lower Gresham's 172, translating to median home prices of $310,000 vs $459,000. The $149,000 difference in home prices means roughly $9,684 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Billings compared to $1,450/mo in Gresham, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 99 in Billings and 101 in Gresham. A household spending the national average of $475/month on groceries would pay approximately $470/month in Billings vs $480/month in Gresham. 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 96 in Gresham. Monthly utility bills average approximately $356 in Billings vs $384 in Gresham. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Billings and 103 in Gresham. 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 $69,600 in Gresham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $56,569 and $54,375 respectively. Billings residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,294/month to housing in Billings vs $1,624/month in Gresham. In Billings, median rent of $1,200/mo fits within this budget. In Gresham, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 79 index points — focus your budget analysis there.

Frequently Asked Questions

Billings is 23.4% more affordable overall with an index of 98 vs 128.
A $75,000 salary in Billings has equivalent purchasing power to approximately $97,959 in Gresham, based on the cost of living difference.
Billings's housing index is 93 with median homes at $310,000, while Gresham's is 172 with median homes at $459,000.

Moving & Relocation Resources

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