Polymer electrolyte membrane fuel cells (PEFCs) are eco-friendly energy conversion systems to convert hydrogen directly into electricity via an electrocatalytic reaction. Representative membrane materials of PEFCs are Perfluorinated sulfonic acid (PFSA) ionomers including Nafion® and 3M ionomers. In spite of high proton conductivity, it is difficult to apply PFSA free-standing membranes in real PEFC applications owing to their weak mechanical failures and thermo-chemical decomposition during PFEC operations, in addition to a relatively high production cost. In this study, Nafion nanodispersions in water-alcohol mixtures are fabricated using a supercritical fluid technique. The fundamental membrane characteristics are compared with those of counterpart membranes obtained from a commercially available Nafion emulsion.