Cost of Living in Gillette, WY

With a cost of living index of 81, Gillette, WY is a very affordable place to live. Living here is 19% cheaper than the national average and 9% below the Wyoming state average of 90. With a population of 33,278, Gillette is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Gillette's cost of living. The median monthly rent is $922 (30% below the US median of $1,319), and the median home value sits at $257,200 (16% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Gillette is $90,699, which is 21% 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.