States › Wyoming › Jackson

Is Jackson, WY expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,22727% higher than U.S. average
💵 Families earn per year (2026)$128,332about $10,694/month · 47% higher than U.S. average
🔑 House price$1,521,900357% higher than U.S. average

Rent is higher than in 77% of U.S. cities. A typical house costs about 11.9 years of household income, so buying is hard for most locals. Commutes are short, about 12.4 minutes. Most households rent (58%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $89,080 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other Wyoming cities?

No. Rent here is more expensive than in most of Wyoming. It is number 17 of 17 cities from cheapest to most expensive.

Jackson
$2,227
$1,315
$1,627
$1,247
$1,086

How much do households earn in Jackson?

Under $25k
7.0%
$25k–50k
5.7%
$50k–100k
40.1%
$100k–150k
15.8%
$150k+
30.2%

Share of households by yearly income. 46.0% of households earn $100,000 or more.

Rent by apartment size in Jackson

SizeJacksonU.S. average
Studio$2,373$1,338
1 bedroom$1,711$1,324
2 bedrooms$1,842$1,509
3 bedrooms$3,510$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Jackson overall?

Everyday prices in Wyoming overall are 7% below the U.S. average (index 92.7, U.S. = 100).

Housing
71
Goods (food, clothes…)
95
Utilities
78
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Jackson, so the Wyoming figure is shown.

Taxes and bills in Jackson

🏛️ Property tax$5,271a year · 0.35% of home value · U.S. $3,119
⚡ Electric bill$109a month (typical) · U.S. $156

Life in Jackson

Commute to work12.4 minU.S.: 26.4 min
College degree52.4%U.S.: 35.7%
Own their home42.2%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment1.2%U.S.: 5.2%

Is it cheaper to rent or buy in Jackson?

Renting is cheaper right now: about $8,333 a month less.

Renting
$2,227
Owning
$10,560

Owning assumes a typical $1,521,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $152,190 for the down payment.

Frequently asked questions

What is the average rent in Jackson, WY?

Renting in Jackson costs a median of about $2,227 a month in 2026, including utilities. The Wyoming median is $1,086.

How much do I need to make to live in Jackson?

To keep rent under 30% of income, you need about $89,080 a year, or $43 an hour at a full-time job.

Is Jackson cheap or expensive?

Jackson is rated OK: rent takes 20.8% of the typical household income of $128,332. It ranks 17th cheapest of 17 Wyoming cities we track.

How much are property taxes in Jackson?

The median homeowner in Jackson pays $5,271 a year in property taxes, about 0.35% of the median home value.

Is Jackson more expensive than the national average?

Overall prices in Wyoming are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Jackson?

The median home value in Jackson is $1,521,900, about 11.9 times the typical yearly household income.

10,756 people live in Jackson. Numbers are typical (middle) values.