Cost of Living in Teton County, Idaho

$1,196/mo
Median Monthly Rent
$595,900
Median Home Value
30% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,196/mo
30% above state average
Median Home Value
$595,900
111% above national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Teton County Compares

Median monthly rent comparison

Teton County$1,196/mo
Idaho Average$919/mo
National Median$1,163/mo

Detailed Housing Stats

$1,196/mo
Median Gross Rent
$595,900
Median Home Value
$1,334/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Teton County, Idaho

Teton renters spend less than America

Teton County's rent-to-income ratio of 15.8% sits comfortably below the national median, meaning renters here dedicate a smaller share of earnings to housing than their counterparts nationwide. With a median household income of $90,740—nearly $16,000 above the U.S. average—Teton strikes an unusual balance of high earners and moderate rental costs.

Best affordability in Idaho

Teton County boasts the most favorable rent-to-income ratio in Idaho at 15.8%, beating the state average of 16.8% by a full percentage point. This distinction reflects both the county's robust median income and relatively stable rental market compared to peers.

Rents align with nearby counties

At $1,196/month, Teton's median rent sits between Valley County ($1,011) and Twin Falls County ($1,011), reflecting its position as a wealthier, more expensive pocket of central Idaho. The county's higher income base absorbs these costs more easily than lower-income neighbors.

Own or rent? Both carry weight

Renters pay $1,196 monthly while homeowners carry a $1,334 mortgage on homes valued near $596,000—a modest $138 difference that masks the wealth gap between the two groups. A typical household devotes about 16% of income to rent or 18% to ownership, leaving Teton residents with more discretionary income than most Idahoans.

Teton: High income, reasonable housing

If you're weighing moves within Idaho, Teton offers the rare combination of strong wages and affordable-relative-to-income housing. Employers and remote workers seeking mountain living with financial breathing room should investigate Teton's job market and rental inventory.

Affordability Calculator

See how your income compares to housing costs in Teton County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$2,117

per month

Owner Cost Burden

17.6%

of gross income

The median home in Teton County may be a stretch

Median home value is $595,900. Estimated monthly cost: $4,757 vs. your max of $2,117.

Rent Affordability Guide

Your rent-to-income ratio15.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Teton County, Idaho?
Teton County, Idaho has a median monthly rent of $1,196/mo and a median home value of $595,900. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Teton County?
The median gross rent in Teton County is $1,196/mo. This is 30% above state average for Idaho.
Is Teton County affordable?
Teton County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Teton County's rent compare to the state average?
Teton County's median rent of $1,196/mo is 30% above state average of $919/mo for Idaho.
What is the median home value in Teton County?
The median home value in Teton County, Idaho is $595,900. This is 111% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.