Total monthly cost of ownership
Cost to Own a Home in Rawlins, Wyoming
A $206,000 home here costs
$1,612per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,059. The real number is $552 higher every month — 52% 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.
Rawlins against Carbon County and Wyoming
| Measure | Rawlins | Carbon County |
|---|---|---|
| Median home value | $205,900 | $214,500 |
| Median property tax | $1,260 | $1,202 |
| Effective tax rate | 0.612% | 0.560% |
| Median gross rent | $833 | $894 |
| Population | 8,217 | 14,549 |
The weather behind that power bill
Rawlins sits in Carbon County, which averages a high of 85.1°F in its hottest month and a low of 12.8°F in its coldest, with 9.04" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 224 cooling and 8,168 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Carbon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carbon County
Common questions
How much does it cost to own a home in Rawlins?
A $206,000 home in Rawlins, Wyoming costs approximately $1,612 per month with 20% down at 6.66%. That is $1,059 principal and interest, $105 property tax, $75 homeowners insurance, $201 utilities and $172 set aside for maintenance.
What is the property tax rate in Rawlins?
Rawlins has an effective property tax rate of 0.612%, based on a median home value of $205,900 and median real estate taxes of $1,260. That is higher than the Carbon County average of 0.560%.
What is the average home price in Rawlins?
The median owner-occupied home value in Rawlins, Wyoming is $205,900, against $214,500 across Carbon County.
Is it cheaper to rent or buy in Rawlins?
Median gross rent in Rawlins is $833 a month, against $1,612 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 Rawlins — 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.