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
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
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.