Cost of Living in Dayton, WY

With a cost of living index of 79, Dayton, WY is a very affordable place to live. Living here is 21% cheaper than the national average and 11% below the Wyoming state average of 90. Dayton is a small community of 957 residents.

Housing costs are the biggest factor in Dayton's cost of living. The median monthly rent is $791 (40% below the US median of $1,319), and the median home value sits at $282,700 (7% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in Dayton is $78,750, which is 5% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.