Key Economic Benchmarks
Median Household Income
$58,750$4,896 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Big Horn County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Big Horn County, MT
Official FY2026 HUD Fair Market Rents for Big Horn County, MT. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $976 | $11,712 | $39,040 | 19.9% |
| 1-Bedroom Apartment | $992 | $11,904 | $39,680 | 20.3% |
| 2-Bedroom ApartmentBenchmark | $1,302 | $15,624 | $52,080 | 26.6% |
| 3-Bedroom Home | $1,657 | $19,884 | $66,280 | 33.8% |
| 4-Bedroom Home | $2,115 | $25,380 | $84,600 | 43.2% |
50/30/20 Living Budget in Big Horn County, MT
Based on the local median household income of $58,750/year ($4,896/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Montana
Explore net income after federal income tax, FICA, and Montana state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Montana with official federal datasets:
Frequently Asked Questions About Living in Big Horn County, MT
What is the median household income in Big Horn County, MT?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Big Horn County, MT is $58,750 per year (approximately $4,896 per month).
What is the average rent in Big Horn County, MT?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Big Horn County, MT are $976 for a studio, $992 for 1 bedroom, $1,302 for 2 bedrooms, $1,657 for 3 bedrooms, and $2,115 for 4 bedrooms.
How does the cost of living in Big Horn County, MT compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Big Horn County, MT is 94.6 (5.4% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Big Horn County, MT?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,302/month) in Big Horn County, MT requires a minimum gross household income of $52,080 per year ($4,340 per month).
What is a balanced 50/30/20 monthly budget in Big Horn County, MT?
For a typical household earning the median income of $58,750/year ($4,896/month) in Big Horn County, MT, a balanced 50/30/20 budget allocates $2,448/month to essential needs (rent, utilities, groceries), $1,469/month to discretionary spending, and $979/month to savings and debt repayment.
What are typical electricity and utility costs in Big Horn County, MT?
Residential electricity rates in Montana average 15.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $136 per month.