Total monthly cost of ownership
Cost to Own a Home in Wheatland, Wyoming
A $236,000 home here costs
$1,828per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,213. The real number is $614 higher every month — 51% 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.
Wheatland against Platte County and Wyoming
| Measure | Wheatland | Platte County |
|---|---|---|
| Median home value | $236,400 | $248,900 |
| Median property tax | $1,577 | $1,464 |
| Effective tax rate | 0.667% | 0.588% |
| Median gross rent | $707 | $745 |
| Population | 3,570 | 8,606 |
The weather behind that power bill
Wheatland sits in Platte County, which averages a high of 90.3°F in its hottest month and a low of 16.2°F in its coldest, with 14.13" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 565 cooling and 6,373 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Platte County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Platte County
No other places of this size are published in Platte County.
Common questions
How much does it cost to own a home in Wheatland?
A $236,000 home in Wheatland, Wyoming costs approximately $1,828 per month with 20% down at 6.66%. That is $1,213 principal and interest, $131 property tax, $86 homeowners insurance, $201 utilities and $197 set aside for maintenance.
What is the property tax rate in Wheatland?
Wheatland has an effective property tax rate of 0.667%, based on a median home value of $236,400 and median real estate taxes of $1,577. That is higher than the Platte County average of 0.588%.
What is the average home price in Wheatland?
The median owner-occupied home value in Wheatland, Wyoming is $236,400, against $248,900 across Platte County.
Is it cheaper to rent or buy in Wheatland?
Median gross rent in Wheatland is $707 a month, against $1,828 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 Wheatland — 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.