What it costs to live in Wyoming

The Grand Tetons rising behind a bend of the Snake River at dawn.

Price levels against the national average

Prices overall

-9.15%

below average

Housing

-24.08%

ranks 35 for shelter

A hundred dollars of shopping

$91

costs this here

Price rank

37

1 is the most expensive

What that actually means in Wyoming

  • Buying things in Wyoming costs less than it does in most of the country, ranking 37 nationally. The gap is about 9.15%, which turns a hundred dollars of national-average shopping into $91. It is the quiet half of any decision about where to live.
  • Wyoming is cheap where it counts most. Overall prices are about 9.15% from average. Housing is about 24.08% from it, which is a far bigger gap. Groceries and gas cost roughly what they cost elsewhere. Rent does not, and rent is the bill that repeats every month without fail.
  • What does that do to a salary? Seventy-five thousand dollars, earned and spent in Wyoming, goes as far as $82,555 would at average American prices. Tax is a separate subject and comes out on top of this.
  • Wyoming's overall price level sits about 9.15% beneath the national average, ranking 37 across all jurisdictions, and the national one-hundred-dollar basket costs $91. Since BEA weights the basket to national consumption patterns, this figure is comparable across states in a way that surveys of household spending are not.
  • Shelter in Wyoming carries a parity about 24.08% beneath the national level while the all-items index sits about 9.15% from it — a spread of about 14.92%, ranking 35 for housing costs. Since housing typically represents the largest single line in a household budget, a state whose cheapness is concentrated there delivers more real income than its all-items parity implies, particularly for households early in their tenure.
  • Adjusting seventy-five thousand dollars for Wyoming's all-items parity yields $82,555 in constant national purchasing power. ⚠️ The figure is pre-tax and price-only; income, sales and local taxes are additional and independent of the parity. Nominal wage levels also correlate with parities in practice, so a full comparison of two states requires the local salary for the same role alongside this adjustment.

What the money buys here

A $75,000 salary

$67,797take-home, in national-average money
Take-home, actual dollars$61,593
Price level, all itemsUS average = 10090.848
HousingUS average = 10075.925
Cheapest place to live15th of 51

Housing is where places differ most. Everything else moves far less than people expect.

Price parities are an index where the US average is 100 — a comparison between places, not a price.

The same pay, somewhere else

A $75,000 salary

Compare with
$0take-home per year in Texas
Take-home in Wyoming$61,593
Take-home in Texas$61,593
Once local prices are leveledBEA price parity−$4,414

The raise and the real gain point in opposite directions here.

State income tax and state price levels only. No city income tax, and no housing market.

What is expensive here

A $75,000 salary

Housing — 75.925Goods — 94.829Services — 94.668
  • Housing75.925
  • Goods94.829
  • Services94.668
Housing75.925
Goods94.829
Services94.668
All items90.848

An index where 100 is the national average. Housing moves far more than anything else.

Housing, against the country

A $75,000 salary

76housing index here
Cheapest housingMS · 55
Dearest housingDC · 169
This state, cheapest first17th of 51

A BEA index where 100 is the national average, not a house price.

Where the ranking flips

A $75,000 salary

Take-homeWhat it buysSD: → SDWY: → WYWYTN: → TNNV: → NVTX: → TXAK: → AKFL: → FLNH: → NHNH
Wyoming on take-home2nd
Once prices are leveled4th
Places moved2

Left is rank on take-home. Right is rank once local prices are leveled by BEA parities.

Wyoming against Texas

A $75,000 salary

Compare with
−$4,414a year in Texas, once local prices are leveled← WyomingTexas →Take-home pay: Wyoming $61,593 · Texas $61,593Take-home payWorth after local prices: Wyoming $67,797 · Texas $63,383Worth after local pricesShare of pay taxed: Wyoming 17.88% · Texas 17.88%Share of pay taxedState sales tax: Wyoming 4% · Texas 6.25%State sales taxGroceries exempt here: Wyoming Yes · Texas YesGroceries exempt hereClothing exempt at $100: Wyoming No · Texas NoClothing exempt at $100Property tax rate: Wyoming 0.57% · Texas 1.49%Property tax ratePrice level: Wyoming 90.8 · Texas 97.2Price levelHousing prices: Wyoming 75.9 · Texas 97.4Housing pricesFuel tax: Wyoming 23¢ · Texas 20¢Fuel taxTobacco tax: Wyoming $0.60 · Texas $1.41Tobacco tax
MeasureWyomingTexas
Take-home pay$61,593$61,593
Worth after local prices$67,797$63,383
Share of pay taxed17.88%17.88%
State sales tax4%6.25%
Groceries exempt hereYesYes
Clothing exempt at $100NoNo
Property tax rate0.57%1.49%
Price level90.897.2
Housing prices75.997.4
Fuel tax23¢20¢
Tobacco tax$0.60$1.41

City income tax excluded. Sales-tax row: state-only. Exemptions: Wyoming, Statewide average; Texas, Harris County (Houston). Clothing: one $100 item; higher prices can change tax.

What you would need there

A $75,000 salary

Moving to
$0$81,097
$81,097in Texas, for the same life
To match take-home only$75,000
Raise you would need+$6,097
Prices in Texas97 vs 91

State taxes and state price levels only. No city tax, and no housing market.

Where the difference actually sits

Each line compares Wyoming with the national average for that kind of spending. The overall figure is the three above it, weighted the way a typical household spends — which is why housing can pull it a long way on its own.

What you spend onAgainst national averageIncludes
Housing-24.08%Rent and owners’ equivalent rent
Goods-5.17%Groceries, fuel, clothing
Other services-5.33%Haircuts, repairs, childcare
All items-9.15%The three above, weighted

What a salary is worth here

A salary of seventy-five thousand dollars, spent at Wyoming prices, buys what $82,555 would buy at national average prices. That is a price adjustment only. No tax of any kind has been taken off it, and tax is a separate bill on the same money.

What this page cannot tell you

  • This is one number for the whole of Wyoming, and no state is one place. A big city and a rural county can sit far apart on every figure here.
  • These prices were measured in 2023. Rents in particular can move a long way in a couple of years.
  • And this is prices only. It says nothing about what Wyoming charges you in tax, which is a separate bill and is covered elsewhere on this site.
  • These parities are state-level aggregates. BEA also publishes metropolitan-area parities, and within-state dispersion between a large metro and a rural area routinely exceeds the difference between two states — so a state figure should not be read as descriptive of any particular address in Wyoming.
  • The underlying survey vintage is 2023, which is the most recent BEA publication rather than a current reading. Shelter parities are the component most exposed to drift between vintages, so recent local rent movements in Wyoming will not be reflected here.
  • Price parity and tax burden are independent quantities and this page models only the first. A low-parity state with high income tax and a high-parity state with none can leave a household in the same real position; comparing Wyoming to another jurisdiction requires both figures, not either alone.

Questions people ask

What does a lower cost of living actually get me?

More from the same money. Prices in Wyoming sit below the national level, so every hundred dollars spent covers $91 of national-average goods. That is why a smaller salary here can leave you better off than a larger one somewhere expensive.

Is this number a percentage?

Not a percentage — an index against a national average pinned at one hundred. The gap is in index points, which is a comparison rather than a rate on anything.

Which part of living here is actually different?

Housing, and by a long way. Goods cost broadly the same everywhere — a television is a television — but rent and house prices swing far wider than anything else, so the housing component is what pushes Wyoming away from the national average rather than the shopping.

How should I compare a job offer here with one somewhere else?

Two adjustments, not one. Prices bring a reference salary to $82,555 here, and state income tax changes the figure separately.

How does a below-average price level translate into real income?

Wyoming's all-items parity is at or below the national average, so nominal income understates purchasing power: one hundred dollars purchases $91 of national-average consumption. ⚠️ Parity measures prices, not availability or quality, and does not capture differences in the composition of what is bought.

How should a regional price parity be interpreted?

Regional price parities are index numbers with the national average normalized to one hundred. Differences are expressed in index points and are comparative rather than proportional to any specific price. They are estimated from a fixed national consumption basket, so they do not reflect state-specific spending patterns.

Which component drives this state's parity?

The housing parity dominates Wyoming's all-items figure, diverging from the national average by more than twice the goods component. Tradeable goods arbitrage across state lines and therefore cluster near parity; housing is non-tradeable, so its parity spans a far wider range and drives most interstate variation in the headline index.

How should nominal offers be adjusted across states?

Nominal offers should be deflated by the destination parity before comparison; the reference salary is equivalent to $82,555 in national-average terms here. ⚠️ Price adjustment and tax adjustment are independent and must both be applied — a state may be simultaneously cheap and heavily taxed, or the reverse.