Home Affordability in Big Horn County, WY on $30k

At a 28% housing-costs-as-income target, your estimated affordable home price is about $106,675. Compared with the median home price of $198,200, that’s out of reach. This income is lower than the typical household income in this city.

Your salary
30,000/yr
Est. affordable home price
$106,675
Down payment (20%)
$21,335
Verdict
Out of reach

Overall cost vs U.S. average: close to average

What drives the budget here?

This area is generally mid-range based on overall cost vs u.s. average of 100 (U.S. average = 100).

In the site’s estimated monthly breakdown, the largest category is Homeownership (principal + interest) (568/mo), so that’s the biggest lever for moving the overall budget up or down.

Practical next steps

  • In this area, the rent target is within reach at or below the local median income.

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