Total monthly cost of ownership
Cost to Own a Home in Douglas, Wyoming
A $252,000 home here costs
$1,916per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,296. The real number is $621 higher every month — 48% 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.
Douglas against Converse County and Wyoming
| Measure | Douglas | Converse County |
|---|---|---|
| Median home value | $251,500 | $269,700 |
| Median property tax | $1,415 | $1,557 |
| Effective tax rate | 0.563% | 0.577% |
| Median gross rent | $830 | $930 |
| Population | 6,400 | 13,759 |
The weather behind that power bill
Douglas sits in Converse County, which averages a high of 89.0°F in its hottest month and a low of 12.0°F in its coldest, with 11.22" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 512 cooling and 7,303 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Converse County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Converse County
Full Converse County cost breakdown · Every county in Wyoming
Common questions
How much does it cost to own a home in Douglas?
A $252,000 home in Douglas, Wyoming costs approximately $1,916 per month with 20% down at 6.66%. That is $1,296 principal and interest, $118 property tax, $91 homeowners insurance, $201 utilities and $210 set aside for maintenance.
What is the property tax rate in Douglas?
Douglas has an effective property tax rate of 0.563%, based on a median home value of $251,500 and median real estate taxes of $1,415. That is lower than the Converse County average of 0.577%.
What is the average home price in Douglas?
The median owner-occupied home value in Douglas, Wyoming is $251,500, against $269,700 across Converse County.
Is it cheaper to rent or buy in Douglas?
Median gross rent in Douglas is $830 a month, against $1,916 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 Douglas — 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.