Cost of Living in Wyoming
Updated November 2026 · population 582,397
Wyoming prices are 7.3% below the US average (index 92.7), ranking 36th most expensive of 51 states and DC; housing is the biggest saving at 71.1, and a single adult's modelled budget at state-average prices is about $2,240 a month.
Prices by category
Wyoming price index by category, US average = 100: All items 92.7, Housing (rents) 71.1, Goods 95.4, Utilities 78.4, Other services 100.4
| Area | All items |
|---|---|
| Wyoming (whole state) | 92.7 |
| Metropolitan areas of Wyoming | 95.3 |
| Nonmetropolitan areas of Wyoming | 91.6 |
Cities in Wyoming
Select a column heading to sort.
Metro areas in Wyoming
| Metro area | All items | Housing |
|---|---|---|
| Cheyenne, WY | 96.5 | 89.8 |
| Casper, WY | 93.8 | 74.2 |
BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Wyoming.
Modelled monthly budget at Wyoming average prices
1 adult · 1-bedroom · modelled estimate for Wyoming (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $657 | $7,884 | 29% |
| Utilities | $203 | $2,436 | 9% |
| Food at home | $269 | $3,228 | 12% |
| Transportation | $596 | $7,152 | 27% |
| Health care | $353 | $4,236 | 16% |
| Clothing, personal care & supplies | $162 | $1,944 | 7% |
| Total | $2,240 | $26,880 | 100% |
2 adults · 2-bedroom · modelled estimate for Wyoming (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $832 | $9,984 | 22% |
| Utilities | $323 | $3,876 | 8% |
| Food at home | $497 | $5,964 | 13% |
| Transportation | $1,178 | $14,136 | 31% |
| Health care | $654 | $7,848 | 17% |
| Clothing, personal care & supplies | $319 | $3,828 | 8% |
| Total | $3,803 | $45,636 | 100% |
2 adults + 2 children · 3-bedroom · modelled estimate for Wyoming (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,117 | $13,404 | 23% |
| Utilities | $393 | $4,716 | 8% |
| Food at home | $708 | $8,496 | 15% |
| Transportation | $1,570 | $18,840 | 33% |
| Health care | $610 | $7,320 | 13% |
| Clothing, personal care & supplies | $410 | $4,920 | 9% |
| Total | $4,808 | $57,696 | 100% |
state figures Rents are Census ACS state medians by bedrooms. See the methodology.
Electricity and gas and inflation
Residential electricity
14.43¢/kWh, August 2026
12-month change +0.7% · US 18.16¢
Regular gasoline regional figure: Rocky Mountain (PADD 4)
$4.21/gal, week of 2026-11-02
12-month change +43.4% · US $4.15
Consumer prices in the West region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).
Price level history
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Wyoming | 94.1 | 91.8 | 91.4 | 91.8 | 91.6 | 92.7 |
Change over the period: −1.4 points. Each year is measured relative to that year's US average.
Frequently asked questions
Is Wyoming an expensive state to live in?
Wyoming has a cost of living index of 92.7 (US = 100), 7.3% below the US average. It ranks 36th of 51 (1 = most expensive). Housing is 71.1 (rank 41), goods 95.4, utilities 78.4 and other services 100.4. Source: BEA Regional Price Parities 2024.
How much does it cost to live in Wyoming?
At Wyoming state-average prices, our modelled monthly budget is $2,240 for a single adult, $3,803 for a couple and $4,808 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 95.3 and nonmetro areas 91.6.
What is the median rent and home value in Wyoming?
The median gross rent in Wyoming is $992 a month and the median home value is $309,700 (Census ACS 2020-2024). The typical renter spends 27.0% of income on rent.
Sources
- BEA Regional Price Parities 2024 (state, state metro and nonmetro portions, MSAs).
- U.S. Census Bureau ACS 5-year 2020-2024, state 56.
- EIA-861M residential electricity (August 2026); EIA weekly retail gasoline (Rocky Mountain (PADD 4), 2026-11-02).
- BLS CPI-U, West region (September 2026).
Budgets are modelled estimates, not observed spending. Not financial advice. Methodology