Cost of Living in Teton County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Teton County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Teton County ranks #476 of 3,144 counties for affordability (top 15%)
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.
Cost of Living Advisory: Teton County
Affordability Verdict
Housing in Teton County is affordable. The median rent is $1,196/month against a median household income of $90,740, putting rent at 15.8% of income.
Rent vs. Own
At $1,196/month rent versus $1,334/month in owner costs, renting is roughly $138/month cheaper — a 10% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $47,840/year. For owner costs at the 28% rule, the required income is roughly $57,171/year. With a median household income of $90,740, most households can comfortably afford rent here. Notably, 29.0% of renter households in Teton County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Idaho, Teton County is less affordable than Canyon County by roughly 5% ($1,196/mo vs $1,259/mo).
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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