Total monthly cost of ownership
Cost to Own a Home in Lyman, Wyoming
A $268,000 home here costs
$2,010per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,378. The real number is $632 higher every month — 46% 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.
Lyman against Uinta County and Wyoming
| Measure | Lyman | Uinta County |
|---|---|---|
| Median home value | $267,500 | $255,400 |
| Median property tax | $1,324 | $1,389 |
| Effective tax rate | 0.495% | 0.544% |
| Median gross rent | $1,071 | $882 |
| Population | 1,777 | 20,605 |
The weather behind that power bill
Lyman sits in Uinta County, which averages a high of 79.7°F in its hottest month and a low of 10.6°F in its coldest, with 11.03" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 45 cooling and 8,848 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Uinta County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Uinta County
Common questions
How much does it cost to own a home in Lyman?
A $268,000 home in Lyman, Wyoming costs approximately $2,010 per month with 20% down at 6.66%. That is $1,378 principal and interest, $111 property tax, $97 homeowners insurance, $201 utilities and $223 set aside for maintenance.
What is the property tax rate in Lyman?
Lyman has an effective property tax rate of 0.495%, based on a median home value of $267,500 and median real estate taxes of $1,324. That is lower than the Uinta County average of 0.544%.
What is the average home price in Lyman?
The median owner-occupied home value in Lyman, Wyoming is $267,500, against $255,400 across Uinta County.
Is it cheaper to rent or buy in Lyman?
Median gross rent in Lyman is $1,071 a month, against $2,010 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 Lyman — 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.