City Comparison

Great Falls vs Providence

Cost of Living Comparison · 2026

Great Falls

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

Providence

Rhode Island
110
Above Average
$310,000
Median Home
$1,500/mo
Median Rent
$47,012
Median Income

The Verdict

20.0%

The cost gap between these cities is 20.0%, with Great Falls being the more affordable option. A $75,000 income in Great Falls has equivalent purchasing power to $93,750 in Providence.

Category-by-Category Breakdown

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

Housing
82
Great Falls
118
Providence
Groceries
99
Great Falls
105
Providence
Utilities
90
Great Falls
119
Providence
Transportation
95
Great Falls
102
Providence
Healthcare
92
Great Falls
112
Providence

Salary Equivalence

A $75,000 salary in Great Falls has the same purchasing power as $93,750 in Providence.

Conversely, $75,000 in Providence equals $60,000 in Great Falls.

Living in Great Falls vs Providence

Housing Costs

Great Falls's housing index of 82 is lower Providence's 118, translating to median home prices of $325,000 vs $310,000. The $15,000 difference in home prices means roughly $972 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Great Falls compared to $1,500/mo in Providence, a monthly difference of $450.

Grocery & Food Costs

Grocery expenses index at 99 in Great Falls and 105 in Providence. A household spending the national average of $475/month on groceries would pay approximately $470/month in Great Falls vs $499/month in Providence. Great Falls offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 90 in Great Falls and 119 in Providence. Monthly utility bills average approximately $360 in Great Falls vs $476 in Providence. 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 112 in Providence. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 20-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,800 in Great Falls and $47,012 in Providence. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,409 and $42,738 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 $1,097/month in Providence. In Great Falls, median rent of $1,050/mo fits within this budget. In Providence, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 36 index points — focus your budget analysis there.

Frequently Asked Questions

Great Falls is 20.0% more affordable overall with an index of 88 vs 110.
A $75,000 salary in Great Falls has equivalent purchasing power to approximately $93,750 in Providence, based on the cost of living difference.
Great Falls's housing index is 82 with median homes at $325,000, while Providence's is 118 with median homes at $310,000.

Moving & Relocation Resources

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