A Breakdown of the Cost of Living in Wyoming
- Housing in Wyoming is 12% lower than the US average. The average home price in Wyoming sits at $468,820.33. A 20% down payment lands around $69,482, though many buyers opt for 10% or less. Wyoming's 30-year fixed mortgage rate is 6.79%, keeping monthly payments close to the national average.
- Rent is 0.9% lower than the national average. A one-bedroom apartment rents for about $1,150 in Cheyenne and $995 in Casper per month. A two-bedroom averages around $1,300. Most Wyoming rentals come with off-street parking, basic appliances, and in some towns, even mountain views.
- Utilities in Wyoming are 3% lower than the US average. Expect to pay around $212.07 per month for electricity and around $2.77 for natural gas, totaling approximately $229 per month. Water and trash services costs are around $13 and $28 for residential weekly sanitation pickup in Casper. High-speed internet averages around $191.76 monthly.
- Food costs are 0% lower than the national average. A gallon of milk costs $4.55, a loaf of bread $4.21, and a dozen eggs $4.81. A single adult spends approximately $408 per month on groceries in Wyoming. For a family of four, food costs range from $990 to $1,060, depending on dietary preferences and how often meals are cooked at home versus eaten out.
- Healthcare in Wyoming is 8.26% higher than the US average. A basic check-up averages $158.85, while an emergency room visit can cost $2,000 or more without insurance. Compared to neighboring states like Colorado and Utah, specialist availability is relatively limited.
- Transportation costs in Wyoming are 5.87% lower than the US average. Gas averages $2.77 per gallon, and annual car insurance premiums sit around $1,573 per year, or $131 per month. Public transit is limited to a few city routes in places like Cheyenne and Laramie. Most residents rely on personal vehicles, so maintenance and snow tires are a must in winter months.
- Miscellaneous expenses are 1.44% lower than the national average. Gym memberships cost $50 per month. Dining out is affordable, with a meal for two at a mid-range restaurant costing $65 to $80. Childcare varies but averages $400 to $1,500 per month for full-time daycare. Entertainment is focused on the outdoors, local festivals, and regional events-many of which are free or low-cost.
Moving to Wyoming? Your cost of living stays refreshingly manageable. Housing is affordable, taxes are low, and wide-open spaces come standard—just be ready for quieter towns and colder winters.
👉 Next Step: Compare single-family homes in Wyoming.
Cost of living data is sourced in part from the Council for Community and Economic Research (C2ER). Figures are provided for informational purposes only and may not reflect real-time changes.
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Browse Homes For Sale in WyomingIs Living in Wyoming Expensive?
With a budget of $468,820.33, you can purchase a spacious single-family home in cities like Green Bay or Eau Claire, often with a yard and a garage. In contrast, the same amount in cities like Seattle or Boston may only get you a compact condo.
Housing in Wyoming
Utilities in Wyoming
Food and Groceries in Wyoming
Transportation in Wyoming
Healthcare in Wyoming
Miscellaneous Costs in Wyoming
What Salary Do You Need to Live in Wyoming?
- Homeowners spend $96,128.00 per year: This covers mortgage payments, property taxes, insurance, groceries, utilities, and basic transportation. If you own a larger home or spend on home upgrades, costs can rise.
- Renters spend $52,192.00 per year: This includes rent for a one- or two-bedroom home, utilities, food, and personal expenses. It's a manageable lifestyle if you're mindful of discretionary spending.
- Families with kids spend $99,824.00 per year: Add childcare, larger housing, higher grocery bills, and healthcare to the mix. A two-income household helps, but budgeting is essential to maintain comfort and savings.
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Data provided by Redfin, a national real estate brokerage.



