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)
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 Meagher County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Meagher County ranks #1,620 of 3,142 counties for affordability (bottom 48%)
Sourced county brief
Meagher County Reports Official GRAPI of 14.4 Percent
The official ACS B25071 gross rent as a percentage of household income (GRAPI) in Meagher County was 14.4%, which is 9.7 percentage points lower than the Montana unweighted county mean of 24.1%. Median gross rent in the county was $1,263 per month, which is $421 higher than the state unweighted county mean of $842. For owner-occupied housing, the median selected monthly owner cost was $595, compared to a state unweighted county mean of $842. The median home value was estimated at $259,800, which is below the state unweighted county mean of $276,877. Renter-household median income was estimated at $73,250. 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: Meagher County
Affordability Verdict
ACS B25071 estimates median gross rent at 14.4% of renter household income in Meagher 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 $1,263 per month; median selected monthly owner costs are $595. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $50,520 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. Meagher County's $1,263 median is 50.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Meagher County
Rent Burden
21.1%
of gross income
Max Housing (28% Rule)
$1,678
per month
Owner Cost Burden
9.9%
of gross income
The median home in Meagher County may be a stretch
Median home value is $259,800. Estimated monthly cost: $2,074 vs. your max of $1,678.
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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