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Billings, Montana Retirement Guide
Retirement Score
Billings, Montana at a Glance
- Median Home Price
- $323,900
- State Income Tax
- State income tax; Social Security partially exempt; partial pension deduction.
- Avg January Low
- 20.5°F
- Cost of Living Index
- 90.2 (US avg = 100)
- RetireCityIQ Score
- 43 / 100
Overview
Explore the key retirement factors for Billings, Montana, including cost of living, taxes, healthcare quality, and climate data.
Cost of Living
Affordability Metrics
Billings's cost of living is 9.799999999999997% below the national average. For a detailed breakdown of expenses, see our cost of living methodology.
Housing
Real Estate & Housing
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Billings using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$702
Stress-case monthly carrying cost
$788
Median home price used: $323,900
Median rent reference: $1,085 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.
Budget validation
Calculate if your savings last in this city
Use RetireFree to test whether your portfolio can support retirement in Billings, Montana after local housing costs, taxes, healthcare, inflation, and withdrawal timing.
Open the RetireFree Calculator →Healthcare
Access & Quality
Quality of care and specialist availability are critical for a successful retirement. Billings scores 20.1 out of 100 for healthcare access.
Care planning link
Find local assisted living in Billings
If your city research includes aging parents, future care needs, or a move closer to family, compare local care options alongside housing and healthcare access.
Assisted living in Billings →Taxes
State Tax Climate
Montana has a tax environment that is moderate for retirees.
Climate
Weather & Environment
With 304 sunny days a year and an average January low of 20.5°F, Billings offers a traditional winter climate.
Safety & Walkability
Community Safety
Walkability
Demographics
Population Profile
Diversity Breakdown
Frequently asked questions about retiring in Billings
What is the cost of living in Billings, Montana for retirees?▾
The cost-of-living index is 90, roughly 10% below the national average of 100. Median home price is around $323,900.
Does Montana tax Social Security or retirement income?▾
For Montana residents: State income tax; Social Security partially exempt; partial pension deduction.
What is the climate like in Billings, Montana?▾
Billings, Montana has January average low around 21°F, July average high around 89°F. Climate normals are based on 30-year averages from NOAA's National Centers for Environmental Information.
What is healthcare access like in Billings, Montana?▾
Billings scores 20/100 on the RetireCityIQ healthcare access index — a limited score. The index combines CMS hospital quality ratings, Medicare Advantage plan availability, and hospitals per 100,000 residents (KFF + CMS data).
Local Professionals
Financial Advisors
CAPSTONE WEALTH
CAPSTONE WEALTH MANAGEMENT, INC.
CLADIS INVESTMENT ADVISORY LLC
ALLIED INVESTMENT ADVISORS LLC
+37 more financial advisors available