Montana · Census, HUD and BEA figures · Updated

Cost of Living in Granite County, MT

Prices around Granite County, MT run 5.4% below the U.S. average (BEA, Montana). The typical household there earns $59,265 a year, and HUD puts a two-bedroom at $1,053 a month. Keeping that rent under 30% of income takes about $42,120 a year.

Granite County, MT at a glance

Median household income

$59,265$4,939 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,053HUD FY2026 Fair Market Rent
Price level (U.S. = 100)94.6-5.4% · BEA, Montana
Electricity15.1¢per kWh · EIA Residential MT
Population3,462Census ACS 5-year estimate

How much rent can you afford in Granite County, MT?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,053Monthly market rent
Share of gross income21.3%Recommended max: 30%
Annual income needed$42,120To meet the 30% standard
Max affordable rent$1,482At 30% of $59,265
0%30% (Affordability standard)100%
Compare against:

How much is rent in Granite County, MT? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Granite County, MT, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Granite County, MT, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$789$9,468$31,56016%
1-Bedroom Apartment$822$9,864$32,88016.6%
2-Bedroom ApartmentBenchmark$1,053$12,636$42,12021.3%
3-Bedroom Home$1,464$17,568$58,56029.6%
4-Bedroom Home$1,702$20,424$68,08034.5%

Rent in Granite County, MT, with the wage each unit needs →

What a typical income covers in Granite County, MT

The 50/30/20 rule applied to the local median of $59,265 a year ($4,939 a month before tax).

Needs (50%)$2,469/moRent ($1,053 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$1,482/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$988/moEmergency fund, retirement, paying down loans

What $59,265 leaves after Montana taxes

Federal income tax, Social Security, Medicare and Montana tax on the local median income. Change the salary to see yours.

$59,265
$20,000$120,000
Filing status:
Gross salary breakdown$59,265
Net 81%
Fed 8%
MT 3%
FICA 8%
Annual take-home$47,771After all taxes
Monthly deposit$3,981Estimated per month
Biweekly paycheck$1,837Every 2 weeks (26/yr)
Effective tax rate19.4%Total tax burden
Federal income tax$4,932 / yr
Montana state income tax$2,029 / yr
FICA (Social Security & Medicare)$4,534 / yr

Living in Granite County, MT: common questions

What is the median household income in Granite County, MT?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Granite County, MT is $59,265 per year (approximately $4,939 per month).

What is the average rent in Granite County, MT?

The closest official figure is HUD's Fair Market Rent for 2026: $789 for a studio, $822 for one bedroom, $1,053 for two, $1,464 for three and $1,702 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Granite County, MT expensive to live in?

Prices there run 5.4% below the U.S. average. BEA's regional price parity for Montana is 94.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Granite County, MT?

To keep a $1,053 two-bedroom under 30% of gross income, a household needs about $42,120 a year, or $3,510 a month. That is 71% of what the typical household in Granite County, MT earns.

How much do you need to live comfortably in Granite County, MT?

On the local median income of $59,265 ($4,939 a month before tax), the 50/30/20 rule leaves $2,469 a month for needs like rent, utilities and groceries, $1,482 for everything else and $988 for savings or debt. A two-bedroom at $1,053 takes 43% of the needs share.

How much is the electric bill in Granite County, MT?

Homes in Montana paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.