AmericaByNumbers.com

Industrial Engineers Salary in Montana: Cost of Living Adjusted (2024)

What does a Industrial Engineers salary really buy you in Montana?

Montana is 9.7% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$103,210
Median annual (2024)
+10.7%
Real Purchasing Power
$114,296
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Industrial Engineers earning $103,210 in Montana has the equivalent purchasing power of $114,296 in an average-cost US state.

MT: 90.3
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Montana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $70,010 $77,530 +$7,520
25th Percentile (P25) $81,930 $90,730 +$8,800
Median (P50) $103,210 $114,296 +$11,086
75th Percentile (P75) $114,440 $126,733 +$12,293
90th Percentile (P90) $136,800 $151,495 +$14,695
Key Insight

A Industrial Engineers in Montana earns $103,210 on paper, but low living costs mean your money goes 11% further — like earning $114,296 in an average-cost state. This makes Montana one of the best value states for this occupation.

Best States for Industrial Engineers (After Cost of Living)

Where does Industrial Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alaska
$140,176
RPP 102.0
$140,132
RPP 90.6
3. Wyoming
$133,340
RPP 91.9
$131,197
RPP 91.0
5. Idaho
$122,538
RPP 91.8
$121,091
RPP 98.0
$117,275
RPP 89.2
8. Oregon
$116,848
RPP 106.6
9. Montana
$114,296
RPP 90.3
10. Iowa
$113,076
RPP 88.4

Montana ranks #9 out of 50 states for Industrial Engineers after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Industrial Engineers in Montana after cost of living?

A Industrial Engineers in Montana earns a median salary of $103,210 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $114,296 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Industrial Engineers in Montana: $103,210 x (100 / 90.3) = $114,296. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Industrial Engineers in Montana financially?

From a purchasing power perspective, yes. A Industrial Engineers in Montana enjoys 10.7% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

Related Salary Pages