Cost of Living in Meagher County, Montana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Meagher County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Meagher County, Montana
Meagher County renters face moderate strain
Meagher County's 18.6% rent-to-income ratio exceeds both the national 15% standard and Montana's 15.9% state average, placing renters under measurable affordability pressure. At $871 per month, median rent is 5.6% above the state average, consuming nearly one-fifth of the median household income of $56,215.
Above-average affordability challenges in Montana
Meagher County's 18.6% rent-to-income ratio ranks decidedly above Montana's 15.9% average, placing it in the less affordable half of the state's counties. The combination of below-state-average income ($56,215 vs. implied higher state average) and above-average rents creates persistent housing cost burden.
Mid-range costs in central Montana
Meagher's $871 rent falls between McCone County ($543) and Madison County ($1,159), positioning it as a moderately priced option in central Montana. It exceeds Liberty County ($668) and Lincoln County ($810) but remains well below the higher costs of Lewis and Clark ($1,062) and Missoula ($1,125).
Rent consumes steady portion of modest income
Renters earning $56,215 median income spend approximately $10,452 annually on rent, or 18.6% of gross income. Homeowners paying $682 monthly ($8,184 yearly) bear slightly lower ownership costs, with median home values of $244,400 requiring substantial down payments.
Balance mountain access with income needs
Meagher County's 18.6% rent-to-income ratio means you'll feel housing costs, but the central location and outdoor access appeal to many. Before relocating, ensure your income meets or exceeds the $56,215 median—those earning significantly less will find affordability challenging.
Affordability Calculator
See how your income compares to housing costs in Meagher County
Rent Burden
18.6%
of gross income
Max Housing (28% Rule)
$1,312
per month
Owner Cost Burden
14.6%
of gross income
The median home in Meagher County may be a stretch
Median home value is $244,400. Estimated monthly cost: $1,951 vs. your max of $1,312.
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.