Jackson, WY vs Laramie, WY

The cost of living difference between Jackson, WY and Laramie, WY is dramatic. Laramie is 126% cheaper than Jackson, a gap that translates to thousands of dollars per year in household expenses. Jackson has a cost index of 193 while Laramie sits at 85, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Jackson is $1,975/month compared to $933/month in Laramie — a 112% difference. Home values follow the same pattern: Laramie is more affordable at $302,200 median vs $1,228,700.

Median household income in Jackson is $112,609 compared to $52,414 in Laramie (+114.8%). The higher salaries in Jackson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jackson spend roughly 21% of their income on rent, less than the 21.4% in Laramie.