Total monthly cost of ownership
Cost to Own a Home in South Park, Wyoming
A $1,661,000 home here costs
$11,106per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $8,539. The real number is $2,567 higher every month — 30% 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.
South Park against Teton County and Wyoming
| Measure | South Park | Teton County |
|---|---|---|
| Median home value | $1,660,700 | $1,371,900 |
| Median property tax | $4,553 | $5,462 |
| Effective tax rate | 0.274% | 0.398% |
| Median gross rent | — | $1,758 |
| Population | 2,021 | 23,358 |
The weather behind that power bill
South Park sits in Teton County, which averages a high of 76.9°F in its hottest month and a low of 0.6°F in its coldest, with 32.82" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 7 cooling and 11,149 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Teton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Teton County
Common questions
How much does it cost to own a home in South Park?
A $1,661,000 home in South Park, Wyoming costs approximately $11,106 per month with 20% down at 6.66%. That is $8,539 principal and interest, $379 property tax, $602 homeowners insurance, $201 utilities and $1,384 set aside for maintenance.
What is the property tax rate in South Park?
South Park has an effective property tax rate of 0.274%, based on a median home value of $1,660,700 and median real estate taxes of $4,553. That is lower than the Teton County average of 0.398%.
What is the average home price in South Park?
The median owner-occupied home value in South Park, Wyoming is $1,660,700, against $1,371,900 across Teton County.
Is it cheaper to rent or buy in South Park?
Rent data is not published for South Park at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for South Park — 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.