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Cost of Living in Powell County

Is it better to rent or buy in Powell 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.

$65,561
$817/mo

Median in area: $817

$316,093

Median in area: $316,093

$63,219

If you Rent

🔑
$1,012 /mo
Base Rent$817
Est. Utilities$195
% of Income18.5%
Pre-tax Residual$4,451

If you Buy

🏠
$2,189 /mo
P&I (7.125%)$1,704
Taxes & Ins$290
Est. Utilities$195
% of Income40.1%
Pre-tax Residual$3,275

Compare Nearby Areas

See how Powell County stacks up against neighboring areas.

countyDeer Lodge County, MT
$685/mo
countyJefferson County, MT
$996/mo
countyGranite County, MT
$679/mo
countyMissoula County, MT
$1,264/mo
countyLewis and Clark County, MT
$1,106/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Powell County. The estimated all-in monthly cost for renting is $1,012, while owning a median-priced home with a 20% down payment is roughly $2,189 per month (a difference of $1,177).

How much do utilities cost in Powell County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Powell County is approximately $195. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Powell County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $40,480 per year.