Cost of Living in Basin

Basin's cost of living runs genuinely favorable, reflecting real small-town, working-agricultural-community affordability this record discloses directly.

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Housing runs genuinely below state and national figures

Big Horn County's $253,892 median single-family home value and $286,919 average home value both run well below Wyoming's own ~$338,888 statewide typical value and the ~$371,774-$408,776 national comparison figures (base record).

Wyoming's real, current 0% state income tax applies

Wyoming levies no state individual income tax at all -- a real, current, genuine statewide advantage that applies in Basin (base record).

Genuinely low property taxes

Big Horn County's effective property tax rate carried a real, disclosed 0.49%-0.70% cross-source spread (central estimate ~0.58%), close to Wyoming's own 0.53% statewide anchor and substantially below the national average (base record).

A real, disclosed insurance research gap

This pass did not confirm a Basin-specific homeowners-insurance figure; this record uses Wyoming's own statewide range (~$1,805-$2,396/year) as the best available proxy (base record).

Key takeaways

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Last reviewed: 2026-09-02. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.