Cost of Living in Lake County, MT

What does it cost to live in Lake County? Income, housing, and affordability breakdown.

Median Income

$58,009

Median Rent

$851/mo

Median Home

$337,700

Affordability

239

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,708
Property Tax$200
Insurance$113

Total Monthly$2,021
% of Income41.8%

Renting

Median Rent$851
Renter's Insurance$25

Total Monthly$876
% of Income17.6%

Living in Lake County, Montana

Lake County has a median household income of $58,009 with housing costs that represent 41.8% of income for owners and 17.6% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 239 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Montana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.