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Cost of Living in Silver Bow County

Is it better to rent or buy in Silver Bow 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.

$62,900
$924/mo

Median in area: $924

$278,100

Median in area: $278,100

$55,620

If you Rent

🔑
$1,103 /mo
Base Rent$924
Est. Utilities$179
% of Income21.0%
Pre-tax Residual$4,139

If you Buy

🏠
$1,997 /mo
P&I (7.056%)$1,489
Taxes & Ins$329
Est. Utilities$179
% of Income38.1%
Pre-tax Residual$3,245

Compare Nearby Areas

See how Silver Bow County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Silver Bow County?

Based on median housing data, renting is currently more affordable on a monthly basis in Silver Bow County. The estimated all-in monthly cost for renting is $1,103, while owning a median-priced home with a 20% down payment is roughly $1,997 per month (a difference of $894).

How much do utilities cost in Silver Bow County?

The average monthly utility cost (electricity and natural gas) for a typical home in Silver Bow County is approximately $179. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Silver Bow County?

To comfortably afford the median rent and utilities in Silver Bow County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,120 per year.