Cost of Living in Thayne, WY

With a cost of living index of 101, Thayne, WY is right around the national average in cost. Living here is 1% more expensive than the national average and 11% above the Wyoming state average of 90. Thayne is a small community of 628 residents.

Housing costs are the biggest factor in Thayne's cost of living. The median monthly rent is $1,305 (1% below the US median of $1,319), and the median home value sits at $355,600 (17% above the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Thayne is $86,458, which is 15% higher than the national median of $75,149. Residents spend roughly 18% 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.