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Teacher Salary Calculator for Billings, MT
Local data pre-filled
Teacher salaries in Billings, MT are influenced by the local cost of living (index: 96). A cost-adjusted starting salary is roughly $57,600. Compare Billings teacher pay to the national average and see your purchasing power.
✓ Calculator below is pre-filled with Billings local data
Data as of · Sources: Zillow, Census ACS, Tax Foundation, Freddie Mac
Montana Financial Snapshot (2026) — Teacher Salary Calculator
Minimum wage, median HH income, and COL adjust take-home for the teacher salary calculator in Montana.
How the Teacher Salary Calculator Math Works Under Montana Law
A Montana salary calculation starts with the BLS Occupational Employment and Wage Statistics (OEWS) table for your occupation at the state level, then layers on Montana's payroll stack: federal income tax (brackets published by IRS), FICA (7.65%), and state income tax at a top marginal 5.90%[1][2].
The formula: take_home = gross − federal_tax − state_tax − FICA − other. "Other" covers 401(k) deferral, HSA, FSA, pre-tax benefits. The calculator below runs this client-side — no inputs leave your browser.
Local context: Billings, MT
Housing economics in Billings, MT. The median home value runs 12.4% above the U.S. baseline for Billings, MT is $402,381 per Zillow's home-value index. Median rent runs $1,409 a month per Zillow ZORI, cheaper than the national $1,850 baseline. Effective property tax sits at 0.83% of assessed value, below the 0.99% national average tracked by the Tax Foundation.
Income and tax climate. Montana's top marginal state income tax bracket lands at 6.84% — compared to the volume-weighted national average around 4-5%. BEA's Regional Price Parity scores Billings, MT at 96.0 (national = 100), meaning a dollar in Billings, MT buys 104¢ — more goods and services than the same dollar nationally.
Local context as of 2026-04-19.
Billings versus the U.S. baseline
| Metric | Billings, MT | U.S. baseline | Difference |
|---|---|---|---|
| Median home value[zillow] | $402,381 | $358,000 | 12.4% |
| Median monthly rent[zillow] | $1,409 | $1,850 | -23.8% |
| Property tax (effective)[tax-foundation] | 0.83% | 0.99% | -16.2% |
| State top marginal income tax[tax-foundation] | 6.84% | ~4.08% (volume-weighted) | 2.8 pp |
| State cost-of-living index[bea-rpp] | 96.0 | 100.0 | -4.0 pts |
How to use the Teacher Salary Calculator
Walk through using the Teacher Salary Calculator with Billings, MT-specific defaults pre-loaded from primary sources.
- Enter your Billings numbersFill in the teacher salary inputs. Defaults reflect Billings, MT 2026: median home $402,381, median rent $1,409/mo, 0.83% effective property tax.
- Apply the local 2026 inputsThe median home value in Billings is $402,381 (Zillow ZHVI), with median monthly rent running $1,409/mo.
- Compare against Billings contextMonthly PITI on the $402,381 median home in Billings is ~$2,594/mo — vs a $1,409/mo median rent.
How Montana Compares to Neighboring States
| State | Median home | Top inc tax | Prop tax rate | RPP (US=100) |
|---|---|---|---|---|
| Montana (this page) | $460,000 | 5.90% | 0.83% | 91.0 |
| Idaho side-by-side | $465,000 | 5.70% | 0.69% | 92.2 |
| see North Dakota | $265,000 | 2.50% | 0.98% | 88.2 |
| check South Dakota | $275,000 | None | 1.24% | 88.1 |
| see Wyoming | $340,000 | None | 0.61% | 91.6 |
Sources: Zillow ZHVI[1], state Departments of Revenue / Tax Foundation[2], Tax Foundation property taxes[3], BEA Regional Price Parities[4].
What Changes Your Result in Montana
- Montana cost-of-living drag:Line-item costs in Montana deviate from the US mean by whatever the BEA all-items RPP deviates from 100. Weight your budget toward the state average rather than the national average.
Related Calculations for Montana
- how nurse salary works for Montana residents — both are BLS-OEWS-anchored salary tools.
How Billings Compares to the National Average
Understanding how Billings stacks up helps you calibrate your financial planning.
| Metric | Billings, MT | US Average | Difference |
|---|---|---|---|
| Median Home Price | $402,381 | $420,800 | -4.4% |
| Median Monthly Rent | $1,409 | $1,713 | -17.7% |
| Median Household Income | $74,599 | $74,580 | +0.0% |
| Property Tax Rate | 0.83% | 1.10% | -24.5% |
| Cost of Living Index | 96 | 100 | -4.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Billings Financial Snapshot
- Population (Metro)
- 185,000
- Unemployment
- 3.0%
- Avg Commute
- 17 min
- Median Age
- 36.6
- Price-to-Rent Ratio
- 23.8x
- Annual Property Tax
- $3,340
Frequently Asked Questions — Billings
- What's the Billings-adjusted p50 wage?
- The state p50 $48,950 scaled by Billings's 96 cost-of-living index equals $46,992.
- Can median-income households afford the median home in Billings?
- With a ~$2,594 monthly PITI and $74,599 median income, housing would consume ~41.7% of gross annual income. Qualifying under the 28% DTI rule requires ~$111,171 in annual income. Educational reference only.
- Is it better to rent or buy in Billings?
- Billings's price-to-rent ratio (23.8x) tilts toward renting — above 20x, buying is generally expensive relative to renting.
- What is the median home price in Billings, MT?
- The median home price in Billings is $402,381 as of 2025–2026.
- What is the average rent in Billings?
- The median monthly rent in Billings, MT is $1,409.
- Does the teacher salary replace professional advice?
- No. This calculator gives educational estimates using public Billings data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for decisions with material consequences.
How we compute this — methodology
The Billings page uses local median home price ($402,381), median rent ($1,409/mo), and property tax rate (0.83%) alongside the calculator's client-side formula. Calculations run in your browser — no inputs are sent to a server.
Known limits: ZIP-level variance within Billings can be substantial — the figures shown are city-wide medians. For a precise property tax quote, consult your county assessor.
Sources
- Zillow Research — ZHVI (Zillow Home Value Index) + ZORI (Zillow Observed Rent Index), city-level. zillow.com/research/data. Retrieved 2026-04-19.
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income and population. census.gov/programs-surveys/acs.
- CalcFi state financial context — tips + first-time homebuyer programs compiled from each state's Housing Finance Authority (HFA) public pages. See
src/data/state-financial-context.ts. - Tax Foundation — state property tax effective rates and state/local sales tax rates. taxfoundation.org.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rate averages used by mortgage-related calculators. freddiemac.com/pmms.
- BLS Occupational Employment and Wage Statistics (OEWS) — state-level occupational wages — www.bls.gov/oes. Retrieved 2026-04-19.
- U.S. Department of Labor — State Minimum Wage Laws — www.dol.gov/agencies/whd/minimum-wage/state. Retrieved 2026-04-19.
- Internal Revenue Service — federal individual income tax brackets and standard deductions — www.irs.gov/forms-pubs/about-publication-17. Retrieved 2026-04-19.
- State Departments of Revenue — official bracket + deduction publications (one primary URL per state; linked in the brackets table below) — taxfoundation.org/data/all/state/state-income-tax-rates. Retrieved 2026-04-19.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rates — www.freddiemac.com/pmms. Retrieved 2026-04-19.
- NAIC Dwelling Fire, Homeowners Owners, and Homeowners Tenants Insurance Report — content.naic.org/article/homeowners-insurance-report. Retrieved 2026-04-19.
- Bureau of Economic Analysis — Regional Price Parities by State — www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area. Retrieved 2026-04-19.
- FRED (Federal Reserve Economic Data) — real median household income, unemployment, HPI, LFPR per state — fred.stlouisfed.org. Retrieved 2026-04-19.
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National reference: Teacher Salary Calculator Calculator