Petroleum County, MT at a glance
Median household income
$60,208$5,017 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Petroleum County, MT?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Petroleum County, MT? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Petroleum County, MT, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,160 | $13,920 | $46,400 | 23.1% |
| 1-Bedroom Apartment | $1,208 | $14,496 | $48,320 | 24.1% |
| 2-Bedroom ApartmentBenchmark | $1,548 | $18,576 | $61,920 | 30.9% |
| 3-Bedroom Home | $2,139 | $25,668 | $85,560 | 42.6% |
| 4-Bedroom Home | $2,503 | $30,036 | $100,120 | 49.9% |
Rent in Petroleum County, MT, with the wage each unit needs →
What a typical income covers in Petroleum County, MT
The 50/30/20 rule applied to the local median of $60,208 a year ($5,017 a month before tax).
What $60,208 leaves after Montana taxes
Federal income tax, Social Security, Medicare and Montana tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Montana
Living in Petroleum County, MT: common questions
What is the median household income in Petroleum County, MT?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Petroleum County, MT is $60,208 per year (approximately $5,017 per month).
What is the average rent in Petroleum County, MT?
The closest official figure is HUD's Fair Market Rent for 2026: $1,160 for a studio, $1,208 for one bedroom, $1,548 for two, $2,139 for three and $2,503 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 Petroleum 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 Petroleum County, MT?
To keep a $1,548 two-bedroom under 30% of gross income, a household needs about $61,920 a year, or $5,160 a month. That is 103% of what the typical household in Petroleum County, MT earns.
How much do you need to live comfortably in Petroleum County, MT?
On the local median income of $60,208 ($5,017 a month before tax), the 50/30/20 rule leaves $2,509 a month for needs like rent, utilities and groceries, $1,505 for everything else and $1,003 for savings or debt. A two-bedroom at $1,548 takes 62% of the needs share.
How much is the electric bill in Petroleum 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.