Retirement Planning in Chouteau County, MT

What does it take to retire comfortably in Chouteau County? Here are the numbers.

Median Income

$51,791

Retirement Income (80%)

$41,433

Est. Nest Egg Needed

$582,650

Cost of Living Index

80

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$41,433
Est. Social Security$18,127

Annual Income Gap$23,306

Housing Costs

Median Rent$428/mo
Annual Housing$5,136
Property Tax Rate0.8%

Median Home Value$172,000

About Chouteau County, Montana

Chouteau County in Montana has a median household income of $51,791 and a homeownership rate of 68.5%. Using the 4% rule, retirees in this county would need approximately $582,650 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

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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: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.