Cost of Living in La Barge, WY

With a cost of living index of 84, La Barge, WY is a very affordable place to live. Living here is 16% cheaper than the national average and 6% below the Wyoming state average of 90. La Barge is a small community of 278 residents.

Housing costs are the biggest factor in La Barge's cost of living. The median monthly rent is $1,198 (9% below the US median of $1,319), and the median home value sits at $184,800 (39% 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 La Barge is $66,786, which is 11% lower than the national median of $75,149. Residents spend roughly 22% 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.