Billings vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 151% cheaper for renters. A 2-bedroom rents for $913/mo vs $2,293/mo in New York-Newark-Jersey City — saving $16,560/year.
Rent by Unit Size
| Unit Size | Billings | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $613 | $1,531 | $918 |
| 1 Bedroom | $724 | $1,813 | $1,089 |
| 2 Bedrooms | $913 | $2,293 | $1,380 |
| 3 Bedrooms | $1,136 | $2,674 | $1,538 |
| 4 Bedrooms | $1,214 | $3,167 | $1,953 |
| Median Income | $47,175 | $124,777 | $77,602 |
Billings
- Studio
- $613/mo
- 1 BR
- $724/mo
- 2 BR
- $913/mo
- 3 BR
- $1,136/mo
- 4 BR
- $1,214/mo
- Median Income
- $47,175/yr
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Billings or New York-Newark-Jersey City cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,380/mo or $16,560/year more expensive in New York-Newark-Jersey City (151% higher).
What is the 2-bedroom rent in Billings vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Billings and New York-Newark-Jersey City?
The median household income in Billings is $47,175/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Billings vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Billings is $613/mo. In New York-Newark-Jersey City it is $1,531/mo.