Cost of Living in Wyoming in 2025

Wyoming Cost of Living: Quick Takeaways

• Housing Costs: Average rent for a one-bedroom apartment in Wyoming is expected to reach $1,050 in 2025.
• Transportation Expenses: Public transit costs are low with a one-way fare of $1.50; fuel prices are $3.50 per gallon.
• Healthcare Costs: Employer-sponsored health insurance averages $140.33 monthly, while Silver plan premiums are about $621.
• Income Levels: Median household income in Wyoming is projected to be $75,000 in 2025.

Wyoming offers a relatively affordable cost of living with lower housing and utility costs than the national average.

This article provides a detailed breakdown of living expenses in Wyoming for 2025, helping residents and future movers understand key costs like housing, transportation, healthcare and more.

1. Housing Costs in Wyoming

Housing is a major factor affecting living expenses in Wyoming. Here is an overview of average rent costs for a one-bedroom apartment:

• 2010: $700
• 2015: $800
• 2020: $900
• 2024: $1,000
• 2025: $1,050

The rent prices have steadily risen over the years reflecting demand and inflation.

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2. Homeownership and Real Estate Trends in Wyoming

The real estate market in Wyoming has shown consistent growth in median home prices:

• 2010: $200,000
• 2015: $250,000
• 2020: $300,000
• 2024: $352,603
• 2025: $364,012

This trend highlights a healthy property market that can impact affordability for buyers.

3. Transportation Expenses in Wyoming

Transportation costs are generally low in Wyoming with affordable public transit and fuel prices:

• Public Transit One-Way Fare: $1.50
• Monthly Public Transit Pass: $50.00
• Fuel Price Per Gallon: $3.50
• Annual Vehicle Maintenance: $1,200

These costs vary, but overall transportation remains relatively affordable.

4. Utility Costs in Wyoming

Monthly utilities for a standard apartment typically cost:

• Electricity: $100.00
• Internet Services: $50.00
• Total Monthly Utilities: $150.00

Utility costs in Wyoming are below the national average, which helps reduce living expenses.

5. Grocery and Food Expenses in Wyoming

Groceries in Wyoming average about $300 per person monthly.

Dining out ranges from casual meals costing around $15 to mid-range restaurant meals about $50.

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6. Healthcare Costs in Wyoming

Healthcare expenses include insurance premiums and out-of-pocket costs.

Employer-sponsored health insurance costs roughly $140.33 monthly, while Silver plan premiums average $621.

7. Educational Expenses in Wyoming

Education costs vary widely depending on the institution:

• Public Schools: Free with public funding
• Private School Tuition: Approximately $10,000 annually
• In-State University Tuition: About $5,000 per year

8. Entertainment and Leisure in Wyoming

Wyoming offers diverse entertainment options:

• Movie Tickets: $12 each
• Gym Memberships: $30 monthly
• Mid-Range Restaurant Meal: $40
• Annual Entertainment Costs: $2,000

These costs contribute to a balanced lifestyle.

9. Taxes and Miscellaneous Fees in Wyoming

The tax structure in Wyoming is favorable:

• State Income Tax Rate: 0%
• Sales Tax Rate: 5.39%
• Property Tax Rate: 0.61%

These rates make Wyoming one of the more tax-friendly states.

10. Childcare and Family Expenses in Wyoming

Families can expect to pay:

• Daycare Services: $1,000 monthly
• After-School Programs: $300 monthly
• Extracurricular Activities: $100 monthly

11. Clothing and Personal Care in Wyoming

Monthly expenses in this category include:

• Clothing: $100
• Personal Care Products and Services: $50

Overall personal expense levels are consistent with regional averages.

12. Insurance Costs in Wyoming

Insurance is a crucial part of managing living expenses:

• Health Insurance Premium: $621 monthly
• Auto Insurance: $1,200 annually
• Homeowners Insurance: $1,000 annually
• Renters Insurance: $200 annually

13. Miscellaneous Expenses in Wyoming

Additional yearly expenses include:

• Entertainment: $2,000 annually
• Personal Care Services: $600 annually
• Miscellaneous Goods & Services: $500 annually

14. Income and Salaries in Wyoming

Median household incomes in Wyoming have risen steadily:

• 2010: $55,000
• 2015: $60,000
• 2020: $65,000
• 2023: $72,400
• 2025: $75,000

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15. Comparison with National Averages

Wyoming's cost of living compared to national averages shows some differences:

• Overall Cost of Living: 6% lower than national average
• Housing: 18% lower cost
• Utilities: 10% less expensive
• Food: 1% lower
• Healthcare: 1% below national average
• Transportation: 10% lower
• Goods and Services: 3% higher

Our Methodology for Wyoming Cost of Living Figures

We compile data from reputable sources including government reports, industry studies, and cost-of-living databases. When exact data is unavailable, estimates based on regional trends and historical patterns are used to ensure accurate representations.

Wyoming Cost of Living: Conclusion

Wyoming boasts a cost of living that is generally lower than the national average, especially in housing, utilities, and transportation.

Healthcare and food expenses are close to average, while taxes remain low with no state income tax, making it attractive for residents and newcomers alike.

Understanding these factors helps individuals and families plan finances and weigh the affordability of living in Wyoming effectively.

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