Cost of Living in Wyoming

Wyoming has a cost of living index of 90, making it 10% less expensive than the national average. The statewide median household income is $80,049 (7% above the US median of $75,149). Across 144 cities tracked in Wyoming, costs vary widely depending on location, proximity to metro areas, and local housing markets.

Housing drives most of the variation. The average median rent across Wyoming cities is $952/mo (28% below the national median of $1,319), and the average median home value is $305,687 (0% below the national figure of $304,900). There is a 120-point spread between the most affordable city, Torrington (index 73), and the most expensive, Jackson (index 193) — an enormous range that reflects dramatic differences in housing markets within the state.

When evaluating Wyoming, it helps to look beyond the state average. Individual city costs can deviate significantly — use the map and rankings below to compare specific locations.

The largest cities in Wyoming by population are Cheyenne (index 89, pop. 64,976), Casper (index 82, pop. 58,754), Gillette (index 81, pop. 33,278), Laramie (index 85, pop. 31,848), and Rock Springs (index 81, pop. 23,229). Notably, all of these major cities are at or below the state average, which is unusual and suggests that smaller or resort communities are driving up the statewide figure.

Data: US Census Bureau (ACS 2023), Zillow, HUD, BEA Regional Price Parities. Updated monthly.