Rock Springs, WY vs Sheridan, WY

Rock Springs, WY and Sheridan, WY have a very similar cost of living, with only a 4.5% difference in their overall index. Rock Springs scores 81 while Sheridan scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Rock Springs is $943/month compared to $933/month in Sheridan — a 1% difference. Interestingly, home values tell a different story: while Sheridan has cheaper rent, Rock Springs actually has lower median home values ($245,600 vs $295,300).

Median household income in Rock Springs is $73,307 compared to $61,598 in Sheridan (+19%). Rock Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Rock Springs spend roughly 15.4% of their income on rent, less than the 18.2% in Sheridan.