Cost of Living in Lake County, Montana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lake County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Lake County, Montana
Recreational living carries a premium
Lake County's rent-to-income ratio of 17.1% is the highest across all eight counties and well above the national average, with median household income of $61,965 trailing the nation by $12,790. The draw of lakefront living commands higher housing costs relative to local earnings.
Steepest housing cost burden statewide
Lake County's 17.1% rent-to-income ratio significantly exceeds Montana's 15.9% average, making it one of the state's most unaffordable counties. The median rent of $884 reflects demand from recreation-focused migrants.
Premium for amenities and views
Lake's $884 rent is the second-highest in the group after Jefferson's $886, and the $369,200 median home value trails only Granite's $339,500. Owner costs of $1,012 monthly are the group's highest, reflecting the recreational premium.
Lifestyle costs eat the largest share
Lake County residents pay $884 in rent or $1,012 in ownership costs on a median income of just $61,965, consuming 17.1% of income. The county's natural beauty and recreational access command prices that strain local budgets.
Beautiful but pricey for locals
Lake County's 17.1% housing ratio is the group's highest—you're paying for views and lifestyle, not local wages. Relocate here only if you're bringing significant income to support the premium or are investing in seasonal property.
Affordability Calculator
See how your income compares to housing costs in Lake County
Rent Burden
17.1%
of gross income
Max Housing (28% Rule)
$1,446
per month
Owner Cost Burden
19.6%
of gross income
The median home in Lake County may be a stretch
Median home value is $369,200. Estimated monthly cost: $2,947 vs. your max of $1,446.
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.