Montana · Census, HUD and BEA figures · Updated

Cost of Living in Teton County, MT

Prices around Teton County, MT run 5.4% below the U.S. average (BEA, Montana). The typical household there earns $70,430 a year, and HUD puts a two-bedroom at $1,360 a month. Keeping that rent under 30% of income takes about $54,400 a year.

Teton County, MT at a glance

Median household income

$70,430$5,869 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,360HUD FY2026 Fair Market Rent
Price level (U.S. = 100)94.6-5.4% · BEA, Montana
Electricity15.1¢per kWh · EIA Residential MT
Population6,353Census ACS 5-year estimate

How much rent can you afford in Teton 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$1,360Monthly market rent
Share of gross income23.2%Recommended max: 30%
Annual income needed$54,400To meet the 30% standard
Max affordable rent$1,761At 30% of $70,430
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Teton County, MT, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,019$12,228$40,76017.4%
1-Bedroom Apartment$1,241$14,892$49,64021.1%
2-Bedroom ApartmentBenchmark$1,360$16,320$54,40023.2%
3-Bedroom Home$1,891$22,692$75,64032.2%
4-Bedroom Home$2,171$26,052$86,84037%

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

What a typical income covers in Teton County, MT

The 50/30/20 rule applied to the local median of $70,430 a year ($5,869 a month before tax).

Needs (50%)$2,935/moRent ($1,360 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$1,761/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,174/moEmergency fund, retirement, paying down loans

What $70,430 leaves after Montana taxes

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

$70,430
$25,000$145,000
Filing status:
Gross salary breakdown$70,430
Net 79%
Fed 9%
MT 4%
FICA 8%
Annual take-home$55,759After all taxes
Monthly deposit$4,647Estimated per month
Biweekly paycheck$2,145Every 2 weeks (26/yr)
Effective tax rate20.8%Total tax burden
Federal income tax$6,665 / yr
Montana state income tax$2,618 / yr
FICA (Social Security & Medicare)$5,388 / yr

Living in Teton County, MT: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Teton County, MT is $70,430 per year (approximately $5,869 per month).

What is the average rent in Teton County, MT?

The closest official figure is HUD's Fair Market Rent for 2026: $1,019 for a studio, $1,241 for one bedroom, $1,360 for two, $1,891 for three and $2,171 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 Teton 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 Teton County, MT?

To keep a $1,360 two-bedroom under 30% of gross income, a household needs about $54,400 a year, or $4,533 a month. That is 77% of what the typical household in Teton County, MT earns.

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

On the local median income of $70,430 ($5,869 a month before tax), the 50/30/20 rule leaves $2,935 a month for needs like rent, utilities and groceries, $1,761 for everything else and $1,174 for savings or debt. A two-bedroom at $1,360 takes 46% of the needs share.

How much is the electric bill in Teton 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.