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Cost of Living: Billings, MT vs Greenville, SC

Wondering how far your dollar stretches in Billings compared to Greenville? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Billings cost-of-living index is 96 vs 96 for Greenville (US = 100). Median home: $335,000 vs $295,000. Median rent: $1,150/mo vs $1,300/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Billings and Greenville have similar costs of living
COL Index: Billings 96 vs Greenville 96 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Billings vs Greenville — At a Glance

BillingsMetricGreenvilleDifference
96Cost of Living Index96+0.0%
$335,000Median Home Price$295,000-11.9%
$1,150Median Monthly Rent$1,300+13.0%
$62,400Median Household Income$64,400+3.2%
0.8%Property Tax Rate0.6%-30.1%
3.0%Unemployment Rate3.2%+6.7%
17 minAverage Commute24 min+41.2%
36.6Median Age37.3+1.9%
185,000Metro Population960,000+418.9%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Billings vs Greenville

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Billings

Median Home Price$335,000
Down Payment (20.0%)$67,000
Loan Amount$268,000
Principal & Interest$1,694/mo
Property Tax$232/mo
Insurance$98/mo
Monthly PITI$2,023/mo

Greenville

Median Home Price$295,000
Down Payment (20.0%)$59,000
Loan Amount$236,000
Principal & Interest$1,492/mo
Property Tax$143/mo
Insurance$86/mo
Monthly PITI$1,720/mo

Rent & Affordability Ratios

Median Monthly Rent$1,150 vs $1,300 (+$150/mo)
Annual Rent Difference$1,800/yr more in Greenville
Home Price-to-Income Ratio5.4x (Billings) vs 4.6x (Greenville)
Years to Save 20% Down (15% savings rate)7.2 yrs (Billings) vs 6.1 yrs (Greenville)

Buying a home in Billings costs $2,023/month (PITI) compared to $1,720/month in Greenville — a difference of $303/month or $3,636/year. The price-to-income ratio is 5.4x in Billings versus 4.6x in Greenville, suggesting Greenville is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 7.2 years to save a down payment in Billings compared to 6.1 years in Greenville.

Tax Comparison: Billings vs Greenville

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryBillingsGreenville
Gross Income$62,400$64,400
State Income Tax$2,543$2,088
Federal Income Tax$5,359$5,617
FICA (SS + Medicare)$4,774$4,927
Property Tax (on median home)$2,781/yr$1,711/yr
State Sales Tax RateNone6.0%
Total Tax Burden$12,676 (20.3%)$12,632 (19.6%)
Take-Home Pay$49,724$51,768

On median household income, total taxes (federal + state + FICA) come to $12,676 in Billings (20.3% effective) versus $12,632 in Greenville (19.6% effective). After taxes, take-home pay is $49,724 in Billings and $51,768 in Greenville. Property taxes add $2,781/year on the median Billings home versus $1,711/year in Greenville.

Salary Equivalence: What Your Income Is Worth

A $62,400 salary in Billings equals
$62,400
in Greenville
A $64,400 salary in Greenville equals
$64,400
in Billings

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $62,400 in Billings (COL 96) and relocate to Greenville (COL 96), you would need $62,400 to maintain the same purchasing power. This means your salary should stay roughly the same.

Quality of Life: Billings vs Greenville

Average Commute
17 min
Billings
24 min
Greenville
7 min shorter in Billings
Unemployment Rate
3.0%
Billings
3.2%
Greenville
Billings lower
Metro Population
0.2M
Billings
1.0M
Greenville
Greenville is 5.2x larger

Beyond costs, quality of life matters. The average commute in Billings is 17 minutes versus 24 minutes in Greenville, a difference of 7 minutes each way. Billings's lower unemployment rate of 3.0% versus 3.2% suggests a stronger job market. Greenville skews slightly older with a median age of 37.3 vs 36.6 in Billings.

Other Cost of Living Comparisons

Billings vs New YorkCOL 96 vs 187Billings vs Los AngelesCOL 96 vs 173Billings vs ChicagoCOL 96 vs 114Greenville vs New YorkCOL 96 vs 187Greenville vs Los AngelesCOL 96 vs 173Chicago vs GreenvilleCOL 114 vs 96

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Frequently Asked Questions

Is Billings or Greenville more expensive?

Billings and Greenville have very similar costs of living, with COL indices of 96 and 96 respectively (national average = 100). Day-to-day expenses, housing, and taxes are comparable between the two metro areas.

How much more does housing cost in Greenville vs Billings?

The median home price in Greenville is $295,000, which is $40,000 more than Billings's median of $335,000. Monthly rent follows a similar pattern: $1,300/month in Greenville vs $1,150/month in Billings, a difference of $150/month or $1,800/year.

What salary do I need in Greenville to match my Billings income?

To maintain the same standard of living, a $62,400 salary in Billings is equivalent to $62,400 in Greenville. This is based on the cost of living index ratio: Billings's COL index of 96 vs Greenville's 96. Conversely, $64,400 in Greenville equals $64,400 in Billings.

Which city has lower taxes, Billings or Greenville?

On a median household income, the combined federal, state, and FICA tax burden is $12,676 (20.3% effective rate) in Billings vs $12,632 (19.6% effective rate) in Greenville. Property taxes on the median home are $2,781/year in Billings (0.8% rate) vs $1,711/year in Greenville (0.6% rate). Sales tax rates are 0.0% in Montana and 6.0% in South Carolina.

What is the median household income in Billings and Greenville?

Billings median household income: $62,400/yr. Greenville median household income: $64,400/yr (Census ACS).

How does rent compare in Billings vs Greenville?

Median monthly rent: $1,150 in Billings vs $1,300 in Greenville. Annualized that is $13,800 vs $15,600.

Which city is better for remote workers, Billings or Greenville?

Billings offers a lower cost of living (index 96 vs 96), which lets remote-workers keeping a coastal salary stretch further. Greenville typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Billings and Greenville numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Billings vs Greenville comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Billings vs Greenville cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.