CALCMONEY // MORTGAGE // WY // CHEYENNE
Calculate your monthly mortgage payment using Cheyenne-specific property tax rates and local market data.
$365,000
6.95%
0.61%
92
| Principal & Interest | $1,933 |
| Property Tax | $186 |
| Homeowners Insurance (est.) | $122 |
| Total Monthly Payment (PITI) | $2,240 |
$73,000
$403,840
$96,004/yr
Cheyenne's median home price sits at $365,000, 13% below the $420,000 national median. On a $72,000 median household income, that puts the price-to-income ratio at 5.1x, or 5.1 years of gross pay for the purchase price alone.
Factor in $186/month for property tax in Cheyenne, based on the area's 0.61% effective rate applied to the median home price. That's $2,227 annually.
No state income tax in Wyoming means the $72,000 median household income stretches further than the same salary would in an income-tax state, which matters directly against a $2,240/month payment.
Day-to-day expenses in Cheyenne track at 92 against the national 100 baseline, below average once you look past the mortgage payment itself.
Cheyenne's median home price runs 24% higher than nearby Casper: $295,000 there versus $365,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $292,000 loan saves $13,140 in interest over 30 years.
Compare Top Cheyenne Mortgage LendersCasper
$295,000 median
WYLaramie
$310,000 median
WYGillette
$285,000 median
WYRock Springs
$265,000 median