The 9 Most Expensive Mountain Towns in Wyoming

Yellowstone National Park, Madison River Valley, American Bison Herd, Wyoming
© Gjeterhund Photography/Shutterstock.com

Written by Devika Khosla

Published: November 30, 2023

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Fondly called the “Cowboy State,” Wyoming is home to some of the most expensive mountain towns. Amidst awe-inspiring natural beauty, Wyoming offers world-class skiing and outdoor activities like hiking and fishing. Moreover, the towns are replete with charm and appeal and boast of some of the poshest dining, shopping, and entertainment options in the United States. Here are the nine most expensive mountain towns in Wyoming.

Discover the top 9 most expensive mountain towns in the state of Wyoming.

1. Teton Village

Average House Cost: Approximately $3 million

The powdery slopes of the Teton Range are perfect for skiing in Teton Village, Wyoming.

©Max Kramer mxk, CC0, via Wikimedia Commons – Original / License

Teton Village is a premier destination for skiing and snowboarding. This most expensive mountain town in Wyoming is located at the base of the Jackson Hole Mountain Resort, offering access to world-class slopes and breathtaking views of the Teton Range. In addition, the village boasts luxury resorts and fine dining options. Teton Village has a reputation for being a luxurious mountain retreat committed to preserving the natural environment.

2. Jackson

Average House Cost: Around $2.5 million

Plains cottonwood trees begin to change from green to yellow in September, with the snowcapped Grand Teton mountain range in the background. Jackson Hole, Wyoming.

The snowcapped Grand Teton mountain range in Jackson Hole, Wyoming is a beautiful sight.

©CherylRamalho/Shutterstock.com

With a history dating back to the early 19th century, Jackson was once a trading post for fur trappers. Today, it retains its Old West charm with preserved historic buildings and a rich cowboy heritage. Jackson, often referred to as Jackson Hole, is renowned for its world-class skiing and outdoor recreational opportunities. Another unique feature of Jackson is the elk antler arches in the town square. Moreover, the town is a gateway to the iconic Grand Teton National Park and is surrounded by the stunning Teton Range.

3. Wilson

Average House Cost: Around $2.8 million

Snake River

The Snake River flows through Wyoming, Idaho, and Oregon.

©Barry Bjork/Shutterstock.com

Originally a ranching community in the late 1800s, Wilson is located between the Teton Range and the Snake River. The town boasts picturesque views. In the nearby forests and rivers, you can go hiking, mountain biking, and fishing. Wilson also has a charming downtown area with upscale shops, art galleries, and cafes.

4. Alpine

Average House Cost: Approximately $1.5 million

Upper Mesa Falls on the Henry's Fork of the Snake River in the Caribou-Targhee National Forest

Upper Mesa Falls is a waterfall in the Caribou-Targhee National Forest in Alpine, Wyoming.

©Gerald Corsi/iStock via Getty Images

A town abundant in natural resources, Alpine is a hidden gem located along the banks of the Snake River and surrounded by the Caribou-Targhee National Forest. It is a serene mountain retreat where you can go fishing, boating, and hiking. The town comes alive during its many events, including the annual Alpine Mountain Days.

5. Cody

Average House Cost: Approximately $1.2 million

Buffalo Bill Dam is almost full in Cody, Wyoming, USA

Buffalo

Bill Dam on the Shoshone River in Cody, Wyoming, is the largest dam in the state.

©rozdemir/Shutterstock.com

Known as the “Rodeo Capital of the World,” the town of Cody has its roots in Western heritage. Founded in the late 19th century by Colonel William F. “Buffalo Bill” Cody, the town has preserved its Wild West legacy. Home to the famous Cody Stampede Rodeo, Cody has many things to see, including the Buffalo Bill Center of the West, with exhibits that detail the history of the town. In addition, Cody is the perfect gateway to the nearby Yellowstone National Park, where you can enjoy an array of outdoor activities like hiking, fishing, and wildlife spotting.

6. Sheridan

Average House Cost: Approximately $1.1 million

Cows grazing in fields with the foothills to the Bighorn Mountains behind them near Buffalo, Wyoming

Cows graze in the fields at the foothills of the Bighorn Mountains in Sheridan, Wyoming.

©Jess Kraft/Shutterstock.com

Located between the base of the Bighorn Mountains, Sheridan is a gateway to the Bighorn National Forest. Moreover, the town is renowned for hosting events that celebrate its Western heritage. It is home to the iconic Sheridan Inn built in 1893. In addition, Sheridan is the venue for the WYO Rodeo dating back to 1931. This two-day event is marked with rodeo performances, parades, carnivals, and live entertainment.

7. Pinedale

Average House Cost: Approximately $900,000

Wind River Range

Enjoy scenic vistas of the Wind River Range in Pinedale, Wyoming.

©Zack Frank/Shutterstock.com

A quintessential mountain town located in the Wind River Range, Pinedale is a popular destination to revel in the outdoors. You can go hiking, camping, fishing, and boating in the nearby Bridger-Teton National Forest and the stunning Fremont Lake. Moreover, Pinedale is the venue for the Green River Rendezvous, which is a historical reenactment celebrating the fur trade era of the early 19th century.

8. Lander

Average House Cost: Approximately 850,000

The historic district in downtown Lander, Wyoming offers a quaint community feel.

©Chevsapher, CC BY-SA 3.0, via Wikimedia Commons – Original / License

A quaint mountain town in Wyoming, Lander is located at the base of the Wind River Range. It is a popular destination for outdoor adventures like rock climbing, hiking, and mountain biking. The town hosts the annual International Climbers’ Festival, which brings outdoor enthusiasts from around the world. In addition to outdoor activities, Lander is home to many breweries and an eclectic arts community.

9. Dubois

Average House Cost: Approximately $800,000

Green fields span the Wind River mountain range in Dubois, Wyoming.

©US Forest Service, Public domain, via Wikimedia Commons – Original / License

A charming mountain town located between the Absaroka and Wind River mountain ranges, Dubois is a peaceful and picturesque retreat. You can enjoy many outdoor activities in Dubois, such as hiking, fishing, and wildlife spotting in the nearby Shoshone National Forest and the National Bighorn Sheep Interpretive Center. The town is famous for hosting the annual National Day of the Cowboy, during which you can see horse shows, a rodeo, and other traditional Western events.


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