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Cost of Living in Ravalli County, MT

Population 46,727 · Census ACS 2020–2024 5-year estimates

Median rent$1,054
Median home value$476,600
Median household income$71,283

The median rent in Ravalli County, MT is $1,054/month, 2% lower than the Montana median and 25% lower than the U.S. median. The median home value is $476,600, 43% higher than the national median. Households earn a median of $71,283 a year, about the same as the state median.

Affordability

Rent as a share of median income: 17.7%
Income needed for median rent (30% rule): $42,160/yr
Home price-to-income ratio: 6.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,410/mo

Run your own numbers: mortgage calculator · hourly to salary

Ravalli County vs. Montana vs. U.S.

Ravalli CountyMontanaU.S.
Median rent$1,054$1,081$1,413
Median home value$476,600$375,800$332,700
Median household income$71,283$72,509$80,734
Homeownership rate79.4%69.2%65.2%
Bachelor's degree or higher28.7%35.2%35.7%
Poverty rate8.8%11.5%12.5%
Unemployment rate3.2%3.6%5.2%
Work from home14.2%12.5%15.1%
Median age48.740.438.9

FAQ

What is the average rent in Ravalli County, MT?

The median gross rent in Ravalli County, MT is $1,054 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Ravalli County, MT?

Using the common 30% rule, renting a median-priced home takes about $42,160 a year in gross income.

Is Ravalli County, MT expensive to live in?

Rent there is 25% lower than the U.S. median, and the median home costs about 6.7 times the median household income.

Other counties in Montana

Yellowstone County, MTRent $1,131 · Income $76,570Gallatin County, MTRent $1,694 · Income $93,528Missoula County, MTRent $1,190 · Income $75,598Flathead County, MTRent $1,142 · Income $73,925Cascade County, MTRent $939 · Income $67,690Lewis and Clark County, MTRent $1,102 · Income $78,237

Counties with a similar cost of living

DeKalb County, ILRent $1,049 · Income $70,724Atascosa County, TXRent $1,061 · Income $70,770Windham County, VTRent $1,056 · Income $72,217Aiken County, SCRent $1,062 · Income $70,609St. Clair County, MIRent $1,029 · Income $71,270Asotin County, WARent $1,043 · Income $72,283

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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