Condo Construction Cost per Square Foot in Wyoming (2024)

Building a condominium in Wyoming costs less than the national average, but significant variation exists based on location, specification level, and project scale. Here's the current cost landscape.

Baseline Figures

• National average (2023–24): ~$185–$210/sq ft (NAHB/RSMeans)
• Wyoming average: ~$170–$195/sq ft
• Typical range: $140/sq ft (basic, rural) → $250+/sq ft (luxury, Jackson Hole)

Key Cost Drivers

Project Budget Example (Mid-Market, 4-Story, 50 Units, Casper)

• Hard costs: $185/sq ft × 55,000 GSF = ~$10.2M
• Soft costs (design, permits, fees, financing, marketing): 25–30% = ~$2.8M
• Land: Highly variable
• Contingency: 5–10%
• All-in: ~$220–250/sq ft including land & soft costs

Wyoming-Specific Considerations

• Energy codes: 2021 IECC adoption increases envelope/insulation costs
• Wind/seismic: Moderate seismic (Yellowstone zone); high wind design in some areas
• Workforce housing demand: Teton County mandates inclusionary units or fees
• Modular/prefab: Gaining traction to mitigate labor shortages; 10–15% savings potential

For accurate budgeting, engage a Wyoming-licensed GC or cost consultant early—state averages mask extreme local variance.