Cost of Living in Teton County, Wyoming
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 Teton County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Teton County ranks #3,086 of 3,142 counties for affordability (bottom 2%)
Sourced county brief
Teton County Median Home Value Surpasses $1.6 Million Mark
In Teton County, the median home value was estimated at $1,633,900, a figure significantly higher than the Wyoming unweighted county mean of $346,991. The median monthly owner cost for all owner-occupied housing units is $2,249, which is $1,213 above the state unweighted mean of $1,036. For renter-occupied units, the median gross rent is $1,904, compared to the state unweighted mean of $941. The official median gross rent as a percentage of household income (GRAPI) is 19.6%, which is 5.4 percentage points below the state unweighted county mean of 25.0%. The median income for renter-households is $105,380. All affordability percentages are based on official ACS B25071 GRAPI data rather than derived estimates. 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: Teton County
Affordability Verdict
ACS B25071 estimates median gross rent at 19.6% of renter household income in Teton 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 $1,904 per month; median selected monthly owner costs are $2,249. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $76,160 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 Wyoming unweighted mean of county median rents is $941 per month. Teton County's $1,904 median is 102.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Teton County
Rent Burden
18.4%
of gross income
Max Housing (28% Rule)
$2,897
per month
Owner Cost Burden
21.7%
of gross income
The median home in Teton County may be a stretch
Median home value is $1,633,900. Estimated monthly cost: $13,044 vs. your max of $2,897.
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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