Cost of Living in McCone County, Montana

$543/mo
Median Monthly Rent
$197,400
Median Home Value

At a Glance

Median Monthly Rent
$543/mo
34% below state average
Median Home Value
$197,400
30% below national
Rent-to-Income Ratio
15.0%
% 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 McCone County Compares

Median monthly rent comparison

McCone County$543/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$543/mo
Median Gross Rent
$197,400
Median Home Value
$635/mo
Monthly Owner Cost
15.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

McCone County ranks #11 of 3,144 counties for affordability (top 0%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in McCone County, Montana

McCone County offers exceptional affordability

McCone County's 9.1% rent-to-income ratio is the lowest among these eight counties and dramatically below the national 15% standard and Montana's 15.9% state average. At $543 per month, the median rent is 34% cheaper than the state average, making it one of Montana's most affordable rental markets.

Montana's affordability champion

McCone County ranks among the best for rental affordability statewide, with its 9.1% ratio nearly half Montana's 15.9% average. This northeastern county combines low rents with median household income of $71,842—close to the national median—creating a uniquely favorable housing cost environment.

Far cheaper than nearby and distant counties

McCone's $543 rent undercuts every other county in this survey by wide margins: Liberty County ($668), Lincoln County ($810), and the western counties ranging from $1,062 to $1,159. This dramatic advantage reflects McCone's remote rural character and limited real estate demand competition.

Housing costs barely dent household budgets

Renters earning the median $71,842 spend approximately $6,516 annually on rent—just 9.1% of gross income—leaving substantial funds for other necessities. Homeowners paying $635 monthly ($7,620 yearly) enjoy similarly low ownership costs relative to income, with median home values of $197,400.

Remote workers should consider McCone seriously

McCone County's 9.1% rent-to-income ratio and $543 rents create unbeatable affordability for remote workers or those with portable income. Rural isolation and limited local services are trade-offs, but if you can work from anywhere, McCone offers exceptional financial breathing room.

Cost of Living Advisory: McCone County

Affordability Verdict

McCone County offers affordable rental housing at a median of $543/month — about 9.1% of the typical household income here.

Rent vs. Own

At $543/month rent versus $635/month in owner costs, renting is roughly $92/month cheaper — a 14% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $21,720/year. For owner costs at the 28% rule, the required income is roughly $27,214/year. With a median household income of $71,842, most households can comfortably afford rent here. Notably, 15.0% of renter households in McCone County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Montana, McCone County is more affordable than Chouteau County by roughly 12% ($543/mo vs $485/mo).

Affordability Calculator

See how your income compares to housing costs in McCone County

$

Rent Burden

9.1%

of gross income

Max Housing (28% Rule)

$1,676

per month

Owner Cost Burden

10.6%

of gross income

You can likely afford the median home in McCone County

Median home value is $197,400. Estimated monthly cost: $1,576 vs. your max of $1,676.

Rent Affordability Guide

Your rent-to-income ratio9.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,842Needed: $21,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,842Needed: $27,214
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,842Needed: $45,940

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

What is the cost of living in McCone County, Montana?
McCone County, Montana has a median monthly rent of $543/mo and a median home value of $197,400. The affordability rating is Unaffordable, with rent making up approximately 15.0% of median household income.
What is the median rent in McCone County?
The median gross rent in McCone County is $543/mo. This is 34% below state average for Montana.
Is McCone County affordable?
McCone County is rated Unaffordable based on rent-to-income ratio of 15.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does McCone County's rent compare to the state average?
McCone County's median rent of $543/mo is 34% below state average of $825/mo for Montana.
What is the median home value in McCone County?
The median home value in McCone County, Montana is $197,400. This is 30% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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