Cost of Living in Teton County, Wyoming

$1,758/mo
Median Monthly Rent
$1,371,900
Median Home Value
88% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,758/mo
88% above state average
Median Home Value
$1,371,900
387% above national
Rent-to-Income Ratio
22.0%
% 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 Teton County Compares

Median monthly rent comparison

Teton County$1,758/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$1,758/mo
Median Gross Rent
$1,371,900
Median Home Value
$1,968/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Teton County, Wyoming

Teton County: housing costs at mountain-resort extremes

Teton County renters spend 18.7% of income on housing—among the nation's steepest burdens, driven by $1,758 monthly median rent. Even with a robust median household income of $112,681, the county's luxury mountain market creates affordability pressures unlike most U.S. locations.

Teton dominates Wyoming's housing cost rankings

At 18.7%, Teton's rent-to-income ratio towers 3.2 percentage points above Wyoming's 15.5% average. No other Wyoming county approaches Teton's housing expense burden, reflecting its position as the state's premier—and priciest—destination.

Teton rents dwarf every surrounding county

Teton's $1,758 median rent nearly doubles Sublette County's $1,116 and obliterates Sheridan's $950. The county's median home value of $1.37 million confirms its status as a luxury enclave fundamentally different from neighboring areas.

Teton's housing devours income despite high earnings

Even earning $112,681 annually, Teton renters commit $1,758 monthly to housing—18.7% of household income. Homeowners face an even steeper climb with $1,968 monthly payments, consuming roughly 21% of earnings before taxes and other expenses.

Teton demands serious financial commitment

Relocate to Teton only if your income substantially exceeds local medians or you prioritize mountain living above affordability. Compare Teton's 18.7% housing burden against Uinta County's 12.8%, and you'll see the dramatic cost difference between resort and working communities.

Affordability Calculator

See how your income compares to housing costs in Teton County

$

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$2,629

per month

Owner Cost Burden

21.0%

of gross income

The median home in Teton County may be a stretch

Median home value is $1,371,900. Estimated monthly cost: $10,952 vs. your max of $2,629.

Rent Affordability Guide

Your rent-to-income ratio18.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Teton County, Wyoming?
Teton County, Wyoming has a median monthly rent of $1,758/mo and a median home value of $1,371,900. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Teton County?
The median gross rent in Teton County is $1,758/mo. This is 88% above state average for Wyoming.
Is Teton County affordable?
Teton County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Teton County's rent compare to the state average?
Teton County's median rent of $1,758/mo is 88% above state average of $937/mo for Wyoming.
What is the median home value in Teton County?
The median home value in Teton County, Wyoming is $1,371,900. This is 387% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.