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Cost of Living in Phillips County

Is it better to rent or buy in Phillips County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$53,417
$536/mo

Median in area: $536

$197,600

Median in area: $197,600

$39,520

If you Rent

🔑
$822 /mo
Base Rent$536
Est. Utilities$286
% of Income18.5%
Pre-tax Residual$3,629

If you Buy

🏠
$1,599 /mo
P&I (7.127%)$1,065
Taxes & Ins$248
Est. Utilities$286
% of Income35.9%
Pre-tax Residual$2,852

Compare Nearby Areas

See how Phillips County stacks up against neighboring areas.

countyPetroleum County, MT
$800/mo
countyFergus County, MT
$930/mo
countyGarfield County, MT
$725/mo
countyValley County, MT
$792/mo
countyBlaine County, MT
$653/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Phillips County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Phillips County. The estimated all-in monthly cost for renting is $822, while owning a median-priced home with a 20% down payment is roughly $1,599 per month (a difference of $777).

How much do utilities cost in Phillips County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Phillips County is approximately $286. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Phillips County?›

To comfortably afford the median rent and utilities in Phillips County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $32,880 per year.