Total monthly cost of ownership
Cost to Own a Home in Riverton, Wyoming
A $205,000 home here costs
$1,610per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,054. The real number is $556 higher every month — 53% 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.
Riverton against Fremont County and Wyoming
| Measure | Riverton | Fremont County |
|---|---|---|
| Median home value | $204,900 | $252,700 |
| Median property tax | $1,315 | $1,591 |
| Effective tax rate | 0.642% | 0.630% |
| Median gross rent | $885 | $858 |
| Population | 10,803 | 39,472 |
The weather behind that power bill
Riverton 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 Riverton?
A $205,000 home in Riverton, Wyoming costs approximately $1,610 per month with 20% down at 6.66%. That is $1,054 principal and interest, $110 property tax, $74 homeowners insurance, $201 utilities and $171 set aside for maintenance.
What is the property tax rate in Riverton?
Riverton has an effective property tax rate of 0.642%, based on a median home value of $204,900 and median real estate taxes of $1,315. That is higher than the Fremont County average of 0.630%.
What is the average home price in Riverton?
The median owner-occupied home value in Riverton, Wyoming is $204,900, against $252,700 across Fremont County.
Is it cheaper to rent or buy in Riverton?
Median gross rent in Riverton is $885 a month, against $1,610 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 Riverton — 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.