Salary Report for Montana Nurse Practitioners
Montana Rankings
Compare Montana to U.S.
Montana Nurse Practitioners earn an average of $115,710 which is 1% less than the national average salary of $118,040.
Type | Montana | U.S. | % Difference |
---|---|---|---|
Average Hourly Wage | $55.63 | $56.75 | -1.97% |
Average Annual Salary | $115,710 | $118,040 | -1.97% |
Salary Range by Education and Experience
In Montana, 50% of Nurse Practitioners earn between $100,840 and $129,700 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Nurse Practitioners earn more than $130,630, a rate generally associated with highly educated and experienced Nurse Practitioners.
Approximately 10% of Nurse Practitioners earn under $96,040, a rate generally reserved for less experienced or entry level Nurse Practitioners.
Percent | Experience | Employed | Annual Salary |
---|---|---|---|
10% | Less than a Year | 73 | Under $96,040 |
15% | 2 – 4 years | 110 | $96,040 – $100,840 |
25% | 5 – 9 years | 182 | $100,840 – $122,100 |
25% | 10 – 14 years | 182 | $122,100 – $129,700 |
15% | 15 – 20 years | 110 | $122,100 – $130,630 |
10% | 20+ years | 73 | Above $130,630 |
Adjusted for Cost-of-Living
After being adjusted for cost-of-living, Nurse Practitioners in Montana nurses earn about $125,173 per year which is less than the average U.S. nurse of $118,040.
Cost-of-living in Montana is 8% less than the national average, which means Montana residents have an overall less cost for food, housing, utilities and transportation compared to other states.
More cost-of-living reports for U.S. States.
Salary Compared to Related Professions
Nurse Practitioners tend to earn more than Nursing Assistants ($32,050), LPNs ($48,300), Registered Nurses ($73,610), and Nursing Instructors ($77,380).
Title | Annual Salary |
---|---|
Nurse Practitioners | $115,710 |
Nursing Instructors | $77,380 |
Registered Nurses | $73,610 |
LPNs | $48,300 |
Nursing Assistants | $32,050 |
Projected Demand for Nurses in 2030
The U.S. Department of Labor projects that in Montana the three professions needing the most new nurses by 2030 are Registered Nurses (11,810), Nursing Assistants (6,750) and LPNs (2,550).
The three professions in Montana needing highest percentage new nurses by 2030 are Nurse Practitioners (53.7%), Nursing Instructors (18.2%) and Nurse Anesthetists (14.3%).
Title | 2020 | 2030 | Change | Yearly Openings |
---|---|---|---|---|
Registered Nurses | 10,680 | 11,810 | 10.6% | 700 |
Nursing Assistants | 6,090 | 6,750 | 10.8% | 840 |
LPNs | 2,280 | 2,550 | 11.8% | 210 |
Nurse Practitioners | 670 | 1,030 | 53.7% | 80 |
Nursing Instructors | 220 | 260 | 18.2% | 30 |
Nurse Anesthetists | 70 | 80 | 14.3% | 0 |
Salaries Ranked by Montana Cities
The average salary for Nurse Practitioners in Montana is $115,710. The top cities that pay Nurse Practitioners the most are West Montana Nonmetropolitan Area ($121,370), East-Central Montana Nonmetropolitan Area ($120,910) and Billings ($118,710).
When adjusted for cost-of-living, the cities that pay Nurse Practitioners the highest average annual salary are Great Falls ($132,437), West Montana Nonmetropolitan Area ($131,197) and East-Central Montana Nonmetropolitan Area ($130,699).
The following table shows the average yearly salary range for Nurse Practitioners in each city, and the average yearly salary after being adjusted for cost-of-living in that state.
The difference column shows how much more or less purchasing power a Nurse Practitioners salary will have in that area.
Area | Average Salary | COL Adjusted | Difference |
---|---|---|---|
West Montana Nonmetropolitan Area | $121,370 | $131,197 | $9,827 |
East-Central Montana Nonmetropolitan Area | $120,910 | $130,699 | $9,789 |
Billings | $118,710 | $126,651 | $7,941 |
Southwest Montana Nonmetropolitan Area | $117,140 | $126,624 | $9,484 |
Great Falls | $114,280 | $132,437 | $18,157 |
Missoula | $103,620 | $110,729 | $7,109 |
Salary FAQ for Montana Nurse Practitioners
City and Rural Summaries
Billings
Average Nurse Practitioners Salary: $118,710
Adjusted for Cost-of-Living: $126,651
Hourly Wage: $57.07
Currently Employed: 110
Cost-of-Living Index: 93.73
Billings Salary Report
East-Central Montana Nonmetropolitan Area
Average Nurse Practitioners Salary: $120,910
Adjusted for Cost of Living: $130,699
Hourly Wage: $58
Currently Employed: 160
Cost-of-Living Index: 92.51
East-Central Montana Nonmetropolitan Area Salary Report
Great Falls
Average Nurse Practitioners Salary: $114,280
Adjusted for Cost-of-Living: $132,437
Hourly Wage: $54.94
Currently Employed: 40
Cost-of-Living Index: 86.29
Great Falls Salary Report
Missoula
Average Nurse Practitioners Salary: $103,620
Adjusted for Cost of Living: $110,729
Hourly Wage: $50
Currently Employed: 130
Cost-of-Living Index: 93.58
Missoula Salary Report
Southwest Montana Nonmetropolitan Area
Average Nurse Practitioners Salary: $117,140
Adjusted for Cost-of-Living: $126,624
Hourly Wage: $56.32
Currently Employed: 190
Cost-of-Living Index: 92.51
Southwest Montana Nonmetropolitan Area Salary Report
West Montana Nonmetropolitan Area
Average Nurse Practitioners Salary: $121,370
Adjusted for Cost of Living: $131,197
Hourly Wage: $58
Currently Employed: 80
Cost-of-Living Index: 92.51
West Montana Nonmetropolitan Area Salary Report
Official Data Sources for Nurse Practitioners: Salary Data | Projected Employment | Cost of Living Data