๐Ÿ™๏ธ Cost of Living Calculators Wyoming

Wyoming Cost of Living Calculator

Compare Wyoming cost of living (index: 95.2). Calculate equivalent salary needed when moving to or from Wyoming.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
Wyoming Quick Facts
None Income Tax Rate
0.61% Property Tax Rate
$65,003 Median Income
95.2 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator compares purchasing power between locations using cost of living indices. Wyoming's cost of living index is 95.2 (100 = national average). The equivalent salary is calculated as: Current Salary ร— (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.

Key State Information

Wyoming cost of living index: 95.2. Wyoming is close to the national average in overall cost. Wyoming's lack of state income tax provides additional savings for residents. Median household income: $65,003. Median 2BR rent: $920/month.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
Missouri Economic Research Center, BEA
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the cost of living in Wyoming?

Wyoming's cost of living index is 95.2, where 100 is the national average. This means living in Wyoming costs about 5% less than the national average.

Is Wyoming expensive to live in?

Wyoming has a moderate cost of living, close to the national average. Median home price: $310,000.

How much do I need to earn in Wyoming to live comfortably?

Based on a cost of living index of 95.2 and the 50-30-20 budgeting rule, a comfortable salary in Wyoming would be approximately $35,034/year for a single person renting a 2BR apartment.

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