Cost of Living in Big Horn County, Montana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Big Horn County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Big Horn County ranks #212 of 3,142 counties for affordability (top 7%)
Sourced county brief
Big Horn County Rent Burden and Housing Value Estimates
In Big Horn County, the official gross rent as a percentage of household income (GRAPI) was 17.2%. This measurement is 6.9 percentage points below the unweighted state county mean of 24.1%. The median gross rent in the county was $697 per month, which is below the Montana unweighted county mean of $842. The median value of owner-occupied homes was estimated at $143,400, while the unweighted state county mean was $276,877. For homeowners, the median selected monthly owner cost was $554, which is $288 below the state unweighted county mean of $842. The median renter-household income in the county was $51,000. These figures are from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. The rent-to-income figure provided is the official B25071 GRAPI metric and is not a derived estimate. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Big Horn County
Affordability Verdict
ACS B25071 estimates median gross rent at 17.2% of renter household income in Big Horn County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $697 per month; median selected monthly owner costs are $554. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $27,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Montana unweighted mean of county median rents is $842 per month. Big Horn County's $697 median is 17.2% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Big Horn County
Rent Burden
14.2%
of gross income
Max Housing (28% Rule)
$1,371
per month
Owner Cost Burden
11.3%
of gross income
You can likely afford the median home in Big Horn County
Median home value is $143,400. Estimated monthly cost: $1,145 vs. your max of $1,371.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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