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Mortgage Calculator &
Closing Costs: Cody, WY

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Cody, Wyoming.

Median Home Price
$395K
Population
10K
Avg Monthly Rent
$1,280
Property Tax Rate
0.61%
Cody vs Wyoming Median
The median home price in Cody is $395,000, which is 16% above the Wyoming state median of $340,000.

Mortgage Calculator — Cody, WY

Pre-filled with Cody median home price and Wyoming tax/insurance rates. Adjust for your property.

$
$79,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$2,348
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,997
per month
Taxes & Insurance
$351
per month
Total Interest Paid
$403K
over 30 years
Total Loan Cost
$719K
all payments
Payment Breakdown
Loan Amount$316,000
Principal & Interest$1,997
Property Taxes$201
Homeowners Insurance$150
Total Monthly PITI$2,348

Closing Costs — Cody, WY

Estimated closing costs based on Wyoming rates and fees applied to Cody prices.

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$10,948
2.8% of purchase price
Lender Fees
$3,269
origination, underwriting
Third-Party
$3,425
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,254
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,844
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,275
Recording Fee$150
Prepaid Taxes (3 mo)$602
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$950
Escrow Reserves$902
Total Closing Costs$10,948

Buying a Home in Cody, Wyoming

The median home price in Cody is $395,000, 16% above the Wyoming state median of $340,000. With a population of 10,014, Cody is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Wyoming average 0.61% annually. This low property tax rate is a significant advantage for Cody buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Wyoming runs approximately $1,800 per year. This is within the normal range nationally.

Average rent in Cody is $1,280/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Cody presents moderate affordability. The $395K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Cody.
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