Cost of Living in Wyoming
Housing costs, rent, income, and affordability for 193 cities in WY. Updated 2026.
Understanding the cost of living in Wyoming is essential whether you're planning a move, comparing job offers, or evaluating real estate investments. This page breaks down housing costs, rent prices, and median household income for every city in Wyoming, with comparisons to national averages.
Wyoming's average home value of $214,637 is 12% below the national median of $244,900. The average median household income is $59,725, and average monthly rent is $472.
Most Affordable Cities in Wyoming
Cities with population 5,000+ ranked by lowest median home value.
| # | City | Home Value | Rent | Income | Population |
|---|---|---|---|---|---|
| 1 | Torrington | $194,100 | $816/mo | $53,393 | 6,174 |
| 2 | Riverton | $204,900 | $885/mo | $56,280 | 10,803 |
| 3 | Rawlins | $205,900 | $833/mo | $69,912 | 8,217 |
| 4 | Evanston | $236,400 | $841/mo | $76,569 | 11,803 |
| 5 | Rock Springs | $245,600 | $943/mo | $73,307 | 23,229 |
| 6 | Casper | $250,700 | $964/mo | $69,171 | 58,754 |
| 7 | Douglas | $251,500 | $830/mo | $79,839 | 6,400 |
| 8 | Green River | $255,600 | $912/mo | $85,399 | 11,679 |
| 9 | Gillette | $257,200 | $922/mo | $90,699 | 33,278 |
| 10 | Powell | $265,400 | $856/mo | $65,077 | 6,466 |
| 11 | Sheridan | $295,300 | $933/mo | $61,598 | 19,035 |
| 12 | Laramie | $302,200 | $933/mo | $52,414 | 31,848 |
| 13 | Cheyenne | $311,200 | $1,035/mo | $77,176 | 64,976 |
| 14 | Lander | $321,800 | $870/mo | $71,601 | 7,565 |
| 15 | Cody | $357,300 | $1,039/mo | $68,676 | 10,121 |
Most Expensive Cities in Wyoming
| # | City | Home Value | Rent | Income | Population |
|---|---|---|---|---|---|
| 1 | Jackson | $1,228,700 | $1,975/mo | $112,609 | 10,746 |
| 2 | Ranchettes | $560,900 | $658/mo | $124,426 | 6,389 |
| 3 | Cody | $357,300 | $1,039/mo | $68,676 | 10,121 |
| 4 | Lander | $321,800 | $870/mo | $71,601 | 7,565 |
| 5 | Cheyenne | $311,200 | $1,035/mo | $77,176 | 64,976 |
| 6 | Laramie | $302,200 | $933/mo | $52,414 | 31,848 |
| 7 | Sheridan | $295,300 | $933/mo | $61,598 | 19,035 |
| 8 | Powell | $265,400 | $856/mo | $65,077 | 6,466 |
| 9 | Gillette | $257,200 | $922/mo | $90,699 | 33,278 |
| 10 | Green River | $255,600 | $912/mo | $85,399 | 11,679 |
Highest Income Cities in Wyoming
| # | City | Median Income | Home Value | Population |
|---|---|---|---|---|
| 1 | Ranchettes | $124,426 | $560,900 | 6,389 |
| 2 | Jackson | $112,609 | $1,228,700 | 10,746 |
| 3 | Gillette | $90,699 | $257,200 | 33,278 |
| 4 | Green River | $85,399 | $255,600 | 11,679 |
| 5 | Douglas | $79,839 | $251,500 | 6,400 |
| 6 | Cheyenne | $77,176 | $311,200 | 64,976 |
| 7 | Evanston | $76,569 | $236,400 | 11,803 |
| 8 | Rock Springs | $73,307 | $245,600 | 23,229 |
| 9 | Lander | $71,601 | $321,800 | 7,565 |
| 10 | Rawlins | $69,912 | $205,900 | 8,217 |
Cost of Living FAQ — Wyoming
What is the average cost of living in Wyoming?
The average median home value across Wyoming cities is $214,637, with average rent of $472/month. The average median household income is $59,725.
What are the cheapest cities in Wyoming?
The most affordable cities in Wyoming by home value include Torrington ($194,100), Riverton ($204,900), Rawlins ($205,900).
What is the most expensive city in Wyoming?
The most expensive city in Wyoming is Jackson with a median home value of $1,228,700.
How does Wyoming compare to the national average?
Wyoming's average home value of $214,637 is below the national median of $244,900. Median rent of $472/month is below the US average of $1,163.