ZC

Cost of Living in Teton Village, WY (83025)

Quick Financial Snapshot

Hourly Living Wage$24.60 / hrBased on 2,080 hrs/yr
Target 50/30/20 Salary$102,336 / yrTo live comfortably
Family of 4 Monthly Cost$9,968 / mo2.3x single adult baseline

Executive Financial Report: Teton Village (83025)

Evaluating relocation options in Teton? The financial baseline for residing in Teton Village, WY (83025) indicates that a single adult needs roughly $4,264 monthly to cover basic survival expenses.

Shelter expenses in Teton Village occupy a healthy and balanced 25% share of monthly expenditures, averaging $1,078 per month for rent and utilities. This moderate allocation provides local residents with adequate financial flexibility for healthcare and personal savings.

To maintain sustainable financial health in Teton Village (83025) using the popular 50/30/20 budgeting framework, your essential living expenses ($4,264/month) should not exceed 50% of your net take-home pay. Consequently, an individual needs a target gross annual salary of approximately $102,336 to cover necessities while building savings. On an hourly basis, working a standard 2,080-hour work year requires a minimum hourly living wage of $24.60/hour just to meet basic survival costs.

For a family of four (2 adults and 2 children), basic monthly expenditures in Teton Village increase to $9,968 per month ($119,616/year)—approximately 2.3x higher than the single-adult baseline. Childcare premiums and multi-bedroom housing represent the largest contributors to this family budget increase. Compared against the area median family income of $113,636, local wages provide a 2.22x coverage ratio relative to single-adult baseline expenses.

Commuting and transit expenses average $1,048 monthly in 83025, coupled with $603 in healthcare baselines. Tax obligations consume $612 monthly. Favorable state tax policies in WY help offset federal tax liabilities. Use our interactive tools below to adjust these benchmarks for your specific situation.

Cost Comparison: Teton Village (83025) vs. Wyoming Average

Direct monthly cost comparison for a single adult baseline against the statewide average across all WY counties.

Expense CategoryTeton Village (83025)WY State AverageDifference
Housing & Rent$1,078/mo$640/mo+68%
Food & Groceries$391/mo$287/mo+36%
Transportation$1,048/mo$987/mo+6%
Healthcare$603/mo$600/mo+1%
Direct Taxes$612/mo$441/mo+39%
Total Monthly Baseline$4,264/mo$3,291/mo+30%

* Statewide benchmarks are calculated from weighted county-level cost of living data across Wyoming.

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Total Monthly Cost$4,264Est. $51,171 / year
Housing / Rent$1,07825.3% of monthly budget
Food & Groceries$391Essential food benchmarks
Area Median Income$113,636Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$1,078
Food$391
Transportation$1,048
Healthcare$603
Taxes$612
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Frequently Asked Questions

Living Cost FAQs for Teton Village (83025)

Q: What is the minimum hourly living wage required in Teton Village, WY (83025)?

To cover essential living costs without financial distress, a full-time worker (2,080 hours/year) in Teton Village (83025) requires a minimum hourly living wage of $24.60/hour.

Q: How much salary do I need to live comfortably in Teton Village (83025)?

Following the 50/30/20 budgeting rule (where necessities consume 50% of net income), a single adult needs a target gross annual salary of roughly $102,336 to live comfortably in Teton Village (83025).

Q: What is the monthly cost of living for a family of four in Teton Village (83025)?

Estimated baseline monthly living expenses for a family of four (2 adults, 2 children) in Teton Village (83025) are $9,968 per month ($119,616 per year).

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