Total monthly cost of ownership
Cost to Own a Home in Basin, Wyoming
A $144,000 home here costs
$1,180per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $439 higher every month — 59% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Basin against Big Horn County and Wyoming
| Measure | Basin | Big Horn County |
|---|---|---|
| Median home value | $143,900 | $198,200 |
| Median property tax | $791 | $1,156 |
| Effective tax rate | 0.550% | 0.583% |
| Median gross rent | $914 | $876 |
| Population | 1,304 | 11,737 |
The weather behind that power bill
Basin sits in Big Horn County, which averages a high of 91.4°F in its hottest month and a low of 6.0°F in its coldest, with 5.55" of precipitation a year and 53% of it in a single three-month stretch. That climate drives 743 cooling and 7,546 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Big Horn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Big Horn County
Full Big Horn County cost breakdown · Every county in Wyoming
Common questions
How much does it cost to own a home in Basin?
A $144,000 home in Basin, Wyoming costs approximately $1,180 per month with 20% down at 6.66%. That is $740 principal and interest, $66 property tax, $52 homeowners insurance, $201 utilities and $120 set aside for maintenance.
What is the property tax rate in Basin?
Basin has an effective property tax rate of 0.550%, based on a median home value of $143,900 and median real estate taxes of $791. That is lower than the Big Horn County average of 0.583%.
What is the average home price in Basin?
The median owner-occupied home value in Basin, Wyoming is $143,900, against $198,200 across Big Horn County.
Is it cheaper to rent or buy in Basin?
Median gross rent in Basin is $914 a month, against $1,180 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Basin — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Wyoming.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.