City Comparison

Great Falls vs Ithaca

Cost of Living Comparison · 2026

Great Falls

Montana
88
Below Average
$325,000
Median Home
$1,050/mo
Median Rent
$55,800
Median Income

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

The Verdict

6.4%

Great Falls is 6.4% less expensive than Ithaca overall. A household earning $75,000 in Great Falls would need approximately $80,114 in Ithaca to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
82
Great Falls
117
Ithaca
Groceries
99
Great Falls
103
Ithaca
Utilities
90
Great Falls
102
Ithaca
Transportation
95
Great Falls
96
Ithaca
Healthcare
92
Great Falls
99
Ithaca

Salary Equivalence

A $75,000 salary in Great Falls has the same purchasing power as $80,114 in Ithaca.

Conversely, $75,000 in Ithaca equals $70,213 in Great Falls.

Living in Great Falls vs Ithaca

Housing Costs

Great Falls's housing index of 82 is lower Ithaca's 117, translating to median home prices of $325,000 vs $324,000. The $1,000 difference in home prices means roughly $60 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Great Falls compared to $1,475/mo in Ithaca, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 99 in Great Falls and 103 in Ithaca. A household spending the national average of $475/month on groceries would pay approximately $470/month in Great Falls vs $489/month in Ithaca. 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 90 in Great Falls and 102 in Ithaca. Monthly utility bills average approximately $360 in Great Falls vs $408 in Ithaca. 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 92 in Great Falls and 99 in Ithaca. 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 $55,800 in Great Falls and $48,600 in Ithaca. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,409 and $51,702 respectively. Great Falls residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,302/month to housing in Great Falls vs $1,134/month in Ithaca. In Great Falls, median rent of $1,050/mo fits within this budget. In Ithaca, median rent of $1,475/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 35 index points — focus your budget analysis there.

Frequently Asked Questions

Great Falls is 6.4% more affordable overall with an index of 88 vs 94.
A $75,000 salary in Great Falls has equivalent purchasing power to approximately $80,114 in Ithaca, based on the cost of living difference.
Great Falls's housing index is 82 with median homes at $325,000, while Ithaca's is 117 with median homes at $324,000.

Moving & Relocation Resources

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