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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Cody, WY Housing Affordability Index

Cody, Wyoming has an MBR Housing Affordability Index score of 90.8 (Near National Average) as of October 30, 2026, ranking 88th most affordable of 98 scored Wyoming cities, compared with 103.1 statewide and 97.4 nationally. On a median-priced $378,500 home with 20% down, the Wyoming average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $2,067, or 34% of the city’s $72,570 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Cody is updated every night from live Wyoming mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Cody MBR-HAI 90.8 Near National Average
Rank in Wyoming 88 of 98 1 = most affordable
Wyoming 103.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% Wyoming lenders
Median home value $378,500 U.S. Census Bureau

Cody is 12.3 points below the Wyoming score. Scores as of October 30, 2026. See the Wyoming index

View Cody Mortgage Rates

See What You Can Afford in Cody, Wyoming

Use this Cody, Wyoming home affordability calculator to see how much house you can afford at today’s Wyoming average 30-year mortgage rate of 7.26%. A household earning the Cody median income of $72,570, with no other debts and $76,000 down, can afford a home of about $286,648, compared with a median home value of $378,500. Buying the median priced home with 20% down takes a household income of about $103,000 once property tax and insurance are counted.

Cody median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Wyoming average, 30-year fixed
Cody median bill (Census)
Estimate; use your quote
You can afford a home up to
$286,648
Below the Cody median home value of $378,500
Loan amount$210,648
Principal & interest$1,438/mo
Property tax$136/mo
Home insurance$119/mo
PMI$0/mo
Total monthly payment$1,693/mo
Compare Cody Mortgage Rates

How much house can you afford in Cody?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Cody, property taxes run about 0.57% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $4,551 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Cody

$2,067/mo
Principal & Interest
Median home, 20% down, 7.26%
$88,600
Income Needed
To keep principal and interest at 28% of income
$72,570
Median Household Income
Wyoming: $76,176
5.2x
Price-to-Income Ratio
Wyoming: 4.1x
$1,066/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,173/yr
Median Property Tax
0.57% of median value
29.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Cody, Wyoming. The rate is the Wyoming average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Cody Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Cody, Wyoming score: 90.8 (Near National Average), ranked 88 of 98 Wyoming cities. monitorbankrates.com/housing-affordability-index/wyoming/cody”