Key Economic Benchmarks
Median Household Income
$70,430$5,869 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Teton County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Teton County, MT
Official FY2026 HUD Fair Market Rents for Teton 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 | $1,019 | $12,228 | $40,760 | 17.4% |
| 1-Bedroom Apartment | $1,241 | $14,892 | $49,640 | 21.1% |
| 2-Bedroom ApartmentBenchmark | $1,360 | $16,320 | $54,400 | 23.2% |
| 3-Bedroom Home | $1,891 | $22,692 | $75,640 | 32.2% |
| 4-Bedroom Home | $2,171 | $26,052 | $86,840 | 37% |
50/30/20 Living Budget in Teton County, MT
Based on the local median household income of $70,430/year ($5,869/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 Teton County, MT
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?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Teton County, MT are $1,019 for a studio, $1,241 for 1 bedroom, $1,360 for 2 bedrooms, $1,891 for 3 bedrooms, and $2,171 for 4 bedrooms.
How does the cost of living in Teton County, MT compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Teton 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 Teton County, MT?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,360/month) in Teton County, MT requires a minimum gross household income of $54,400 per year ($4,533 per month).
What is a balanced 50/30/20 monthly budget in Teton County, MT?
For a typical household earning the median income of $70,430/year ($5,869/month) in Teton County, MT, a balanced 50/30/20 budget allocates $2,935/month to essential needs (rent, utilities, groceries), $1,761/month to discretionary spending, and $1,174/month to savings and debt repayment.
What are typical electricity and utility costs in Teton 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.