Outdoors lovers will find plenty to occupy their time in the Bozeman’s surrounding environs, including top-notch fishing and kayaking along the Yellowstone and Gallatin Rivers, as well as miles of hiking trails in nearby forests and parks.
While outdoor pursuits certainly play a large role in the life of most residents, the town also boasts a rich intellectual community, thanks to Montana State University, which is located in the town. Retirees can sign up to take a variety of non-credit, continuing education programs and courses at the university, on topics as varied as Frank Lloyd Wright’s architecture, the Scottish Highlands history and early travel in Yellowstone.
Bozeman’s downtown area may be small, but it’s thriving; retirees can enjoy theater, opera and symphony performances.
Con: Home prices are growing steadily higher
Best For: Outdoors lovers and intellectuals
Cost of Living: 6% lower than national average
Median Home Cost: $297,400
Top State Income Tax: 6.9%
Crime Rate: 40% lower than national average
A number of shops and boutiques, restaurants, bars and even a new library line the streets, and the town has recently become an unexpected hub for the tech industry. While some of Montana’s small towns can feel remote, Bozeman is home to a small airport, as well as hospitals, a true bonus for retirees.
Still, this connectedness, may come at a price — literally. While Bozeman’s cost of living is still slightly lower than the national average, it’s growing popularity as a retirement destination means that prices are steadily rising; the current median home price is nearly $300,000.