Cost of Living in Sinclair, WY

With a cost of living index of 83, Sinclair, WY is a very affordable place to live. Living here is 17% cheaper than the national average and 7% below the Wyoming state average of 90. Sinclair is a small community of 359 residents.

Housing costs are the biggest factor in Sinclair's cost of living. The median monthly rent is $1,172 (11% below the US median of $1,319), and the median home value sits at $182,600 (40% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Sinclair is $81,250, which is 8% higher than the national median of $75,149. Residents spend roughly 17% 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.