Total monthly cost of ownership
Cost to Own a Home in Lander, Wyoming
A $322,000 home here costs
$2,402per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,655. The real number is $746 higher every month — 45% 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.
Lander against Fremont County and Wyoming
| Measure | Lander | Fremont County |
|---|---|---|
| Median home value | $321,800 | $252,700 |
| Median property tax | $1,920 | $1,591 |
| Effective tax rate | 0.597% | 0.630% |
| Median gross rent | $870 | $858 |
| Population | 7,565 | 39,472 |
The weather behind that power bill
Lander sits in Fremont County, which averages a high of 88.1°F in its hottest month and a low of 7.9°F in its coldest, with 8.56" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 499 cooling and 7,927 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Fremont County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fremont County
Full Fremont County cost breakdown · Every county in Wyoming
Common questions
How much does it cost to own a home in Lander?
A $322,000 home in Lander, Wyoming costs approximately $2,402 per month with 20% down at 6.66%. That is $1,655 principal and interest, $160 property tax, $117 homeowners insurance, $201 utilities and $268 set aside for maintenance.
What is the property tax rate in Lander?
Lander has an effective property tax rate of 0.597%, based on a median home value of $321,800 and median real estate taxes of $1,920. That is lower than the Fremont County average of 0.630%.
What is the average home price in Lander?
The median owner-occupied home value in Lander, Wyoming is $321,800, against $252,700 across Fremont County.
Is it cheaper to rent or buy in Lander?
Median gross rent in Lander is $870 a month, against $2,402 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 Lander — 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.