Moving to a ski resort town offers stunning mountain views, world-class outdoor recreation, and a vibrant community, but it also comes with a higher cost of living. Many ski towns, such as Aspen, Jackson Hole, and Sun Valley, have seen housing prices soar due to their desirability and limited real estate availability. The high demand for homes, combined with the increasing popularity of remote work, has made affordable accommodations harder to find. If you’re considering relocating to a ski resort town, understanding these financial factors is crucial to making an informed decision.

The High Cost of Housing in Ski Resort Towns

Housing prices in ski resort towns are significantly above the national average. For example, in Aspen, CO, the average home price hovers around $5 million, while in Jackson Hole, WY, median home prices exceed $3 million. Sun Valley, Idaho, has also seen rising housing costs, with limited availability driving up property values. This increase is largely due to the small supply of homes, strict zoning regulations, and high demand from second-home buyers and investors. As a result, both purchasing and renting a home in a ski town require careful financial planning.

The Impact of Remote Work on Housing Availability

The rise of remote work has further intensified the housing market in ski resort towns. With more professionals able to work from anywhere, many have chosen to relocate to picturesque mountain towns, increasing competition for housing. While this influx of new residents has boosted local economies, it has also led to a shortage of long-term rental options and workforce housing. Many ski town employees, including those in tourism and hospitality, struggle to find affordable places to live, forcing some to commute from nearby areas.

Budgeting for the High Cost of Living

Beyond housing, the cost of living in ski towns extends to everyday expenses such as groceries, dining, and utilities. Goods and services often come at a premium due to transportation costs and the seasonal nature of many businesses. Additionally, winter-related expenses—such as higher heating bills and snow removal—can add up quickly. If you’re planning to move to a ski resort town, setting a realistic budget and exploring financial assistance programs or local housing initiatives can help manage costs.

Finding Housing Solutions in Ski Resort Towns

Despite the challenges, there are ways to secure housing in ski towns without breaking the bank. Researching local housing assistance programs, considering nearby communities with lower costs, or exploring seasonal rental options can provide alternatives. Some towns have implemented workforce housing initiatives to support year-round residents. If you’re moving for work, check if your employer offers housing assistance or subsidies. With proper planning and an understanding of the housing market, you can make your dream of living in a ski resort town a reality.