Cost of Living in Big Horn County, Wyoming

$876/mo
Median Monthly Rent
$198,200
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$876/mo
7% below state average
Median Home Value
$198,200
30% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Big Horn County Compares

Median monthly rent comparison

Big Horn County$876/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$876/mo
Median Gross Rent
$198,200
Median Home Value
$750/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Big Horn County, Wyoming

Big Horn Beats National Rent Burden

Big Horn County renters spend just 17.4% of income on rent, outperforming the national average of roughly 13–15%, though still above comfortable thresholds. The county's median income of $60,547 is modestly below the national median of $74,755, yet housing costs remain relatively manageable.

Slightly Above State Average

Big Horn's 17.4% rent-to-income ratio sits 1.9 percentage points above Wyoming's state average of 15.5%, positioning it in the middle tier of county affordability. Rents average $876 monthly—virtually identical to the state median of $937—making Big Horn a fairly typical Wyoming rental market.

Competitive with Regional Peers

Big Horn's $876 rent is lower than Albany County ($936) and Campbell County ($952), but slightly above Carbon ($894) and Fremont ($858). Home prices here ($198,200) are notably affordable compared to neighbors, offering some of Wyoming's lowest homeownership entry points.

Renting and Owning Both Affordable

Big Horn residents allocate $876 monthly to rent or $750 to ownership—making this county attractive for both tenant and buyer profiles. With median income at $60,547, housing costs claim about 17% of renter budgets and 15% of owner budgets, leaving room for other household needs.

Homebuyer Haven in Wyoming

Big Horn County offers exceptional value for buyers: the $198,200 median home price is the lowest among these eight counties, paired with modest ownership costs of $750/month. For renters, costs remain slightly elevated, but the county's low home values make the jump to ownership less daunting than elsewhere in the state.

Affordability Calculator

See how your income compares to housing costs in Big Horn County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,413

per month

Owner Cost Burden

14.9%

of gross income

The median home in Big Horn County may be a stretch

Median home value is $198,200. Estimated monthly cost: $1,582 vs. your max of $1,413.

Rent Affordability Guide

Your rent-to-income ratio17.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Big Horn County, Wyoming?
Big Horn County, Wyoming has a median monthly rent of $876/mo and a median home value of $198,200. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Big Horn County?
The median gross rent in Big Horn County is $876/mo. This is 7% below state average for Wyoming.
Is Big Horn County affordable?
Big Horn County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Big Horn County's rent compare to the state average?
Big Horn County's median rent of $876/mo is 7% below state average of $937/mo for Wyoming.
What is the median home value in Big Horn County?
The median home value in Big Horn County, Wyoming is $198,200. This is 30% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Big Horn County, Wyoming? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Big Horn County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.