Cost of Living in East Thermopolis, WY

With a cost of living index of 55, East Thermopolis, WY is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 35% below the Wyoming state average of 90. East Thermopolis is a small community of 186 residents.

Housing costs are the biggest factor in East Thermopolis's cost of living. The median monthly rent is $438 (67% below the US median of $1,319), and the median home value sits at $118,800 (61% below the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in East Thermopolis is $20,865, which is 72% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.