Cheyenne, Wyoming’s cost of living is 5% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
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Is Cheyenne Wyoming a cheap place to live?
Cheyenne
Cheyenne represents what’s best of both the old and new West. Housing costs in Cheyenne are remarkably low. The average home price is $197,000, and the average household income is close to $55,000. As the state capital, government is Cheyenne’s largest industry, followed by the military.
How much does it cost to live comfortably in Wyoming?
Our cost of living indices are based on a US average of 100. An amount below 100 means Wyoming is cheaper than the US average.
Wyoming cost of living is 98.1.
| COST OF LIVING | Wyoming | United States |
|---|---|---|
| Health | 131.3 | 100 |
| Housing | 99.1 | 100 |
| Median Home Cost | $272,700 | $291,700 |
| Utilities | 94.3 | 100 |
Is Cheyenne WY a good place to live?
It has been ranked #1 in affordability among the capitals of the US states and a cost of living index confirms this fact. It is only 7% higher than the national average one and the main factors to influence that are housing and healthcare.
Is housing expensive in Wyoming?
Generally, the cost of living in Wyoming is low, but certain cities offer far much cheaper rent. You can get the most affordable rent in Rock Springs, Gillette, Cheyenne, Casper, and Laramie. A studio apartment could cost as little as $466 in some places, and a one-bedroom apartment as cheap as $677 per month.
Why are homes in Cheyenne so expensive?
Affordable housing costs, a lack of inventory and Wyoming’s tax structure are contributing to create a seller’s market for Cheyenne homes, according to members of the city’s real estate and lending industries.
How much do you need to make to live in Wyoming?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $23,599 | $68,521 |
| Annual taxes | $3,826 | $11,108 |
| Required annual income before taxes | $27,425 | $79,629 |
How much is a gallon of milk in Wyoming?
Cost of Living in Jackson
| Restaurants | Edit |
|---|---|
| Coke/Pepsi (12 oz small bottle) | 2.44$ |
| Water (12 oz small bottle) | 1.83$ |
| Markets | Edit |
| Milk (regular), (1 gallon) | 2.88$ |
Why is property so expensive in Wyoming?
(Read more on Wyoming Tax Benefits.) The cost of real estate drives pricing, not only for a place to live, whether you rent or buy, but what you’ll pay for goods and services. The businesses have to pass along their lease and labor costs in their pricing, which amounts to why Jackson Hole is so expensive.
What state is the cheapest state to live in?
Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.
What are winters like in Cheyenne Wyoming?
In Cheyenne, the summers are warm and mostly clear and the winters are long, freezing, snowy, windy, and partly cloudy. Over the course of the year, the temperature typically varies from 19°F to 83°F and is rarely below 2°F or above 91°F.
Are people friendly in Cheyenne?
The people of Cheyenne are always friendly and I would argue that the people are Cheyenne’s best feature. The small town though definitely needs an upgrade.
How much snow does Cheyenne WY get?
Cheyenne weather averages
| Annual high temperature | 59ºF |
| Annual low temperature | 34ºF |
| Average annual precip. | 15.94 inch |
| Av. annual snowfall | 59 inch |
Can I afford to live in Wyoming?
The report says that in order to afford a modest two-bedroom apartment in Wyoming, a person would need to make at least $17.15 an hour, A.K.A the state’s housing wage. It’s higher in Cheyenne ($18.27) and Casper ($17.77). The current minimum wage in Wyoming is $7.25 per hour (the same as the federal minimum wage).
How cold is Wyoming in the winter?
between 5 and 10
Weather: Winters in Wyoming are usually long and cold. January is usually the coldest month of the year. At this time, the minimum temperatures are between 5 and 10 degrees. There are some mild periods when it gets up to the 50s.
How much are utilities per month in Wyoming?
You won’t find utility bills that are much cheaper than in Jackson, Wyoming, where the average is $83 per month.
The Cost of Utilities in Wyoming.
| Wyoming Cities | Average Monthly Utilities |
|---|---|
| Casper | $165 Per Month |
| Laramie | $125 Per Month |
How much is it to live in Cheyenne?
Cheyenne cost of living is 99.6
| COST OF LIVING | Cheyenne | USA |
|---|---|---|
| Grocery | 97.3 | 100 |
| Health | 126.3 | 100 |
| Housing | 109.8 | 100 |
| Median Home Cost | $311,300 | $291,700 |
Where is the lowest cost of living in the US?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
Where is the best place to live in Wyoming?
Best Places to Live in Wyoming
- Cheyenne. Located in Laramie County, Cheyenne is the state capital and has a bustling city life as well as a rich cultural heritage.
- Buffalo. With around 4,595 residents, this location is ideal for people who have had enough of big-city life.
- Evanston.
- Gillette.
- Rock Springs.
- Lander.
- Green River.
What are the pros and cons of living in Wyoming?
Pros And Cons Of Living In Wyoming
- A low state tax burden.
- 4 season climate and lots of sunshine.
- An abundance of natural beauty.
- Outdoor recreation.
- Limited effects of urbanization.
- No major metropolitan areas.
- No professional sports teams.
- Very remote.
What should I know before moving to Wyoming?
15 Things to Know Before Moving to Wyoming
- Yellowstone will blow you away.
- Stargazing is easy in Wyoming.
- Jackson Hole is worth the hype.
- Winters are cold and snowy.
- Cowboy culture is alive and well in Wyoming.
- You can check out Devil’s Tower while it’s still around.
- Most Wyoming residents are carnivores.
