Cost of Living in Wyoming 2026 — Housing, Income & Taxes

📊 Wyoming at a Glance — 2026

Cost of Living Index

US average = 100 · Slightly Below Average

Median Household Income

$64,000

Source: U.S. Census Bureau ACS

Average 1BR Rent

$900/mo

Source: Zillow Observed Rent Index

State Income Tax

None — 0%

No state income tax

Average Home Price

$290,000

Source: Zillow Home Value Index

Salary Needed (30% rule)

$36,000

To keep housing under 30% of income

📈 Wyoming vs the National Average

Cost of Living

Wyoming runs 4% below the national average (index 96 vs. the U.S. baseline of 100). Wyoming's statewide average hides a huge gap — Jackson Hole is one of the most expensive housing markets in the country, while the rest of the state is very affordable. On the tax side, Wyoming applies no state income tax at all, and no corporate income tax either, part of why some wealthy residents establish legal residency here.

💡 What Salary Do You Need in Wyoming?

Using the 50/30/20 budget rule, housing should cost no more than 30% of your gross income. With average rent at $900/month in Wyoming, you need roughly $36,000/year to live comfortably without being housing-cost-burdened.

Find out exactly how much you take home after Wyoming taxes

💰 Calculate Wyoming Take-Home Pay → 🏡 See How Much Home You Can Afford →

Is Wyoming expensive to live in?

Wyoming's cost of living index is 96, where 100 is the U.S. average — that's 4% below the national average. Wyoming's statewide average hides a huge gap — Jackson Hole is one of the most expensive housing markets in the country, while the rest of the state is very affordable. The biggest local industries are coal, oil and gas extraction, and tourism around Yellowstone and Grand Teton, centered around Cheyenne and Jackson.

What is the average rent in Wyoming in 2026?

A 1-bedroom apartment in Wyoming averages $900/month as of 2026 (Zillow Observed Rent Index). That's set against a median household income of $64,000/year, so rent alone runs roughly 17% of the typical household's pre-tax income.

What salary do you need to live in Wyoming?

Following the standard 30%-of-income guideline for housing, you'd want roughly $36,000/year to cover Wyoming's average rent comfortably. That's a general rule of thumb, not a hard rule — your real number depends on debt, family size, and where in Wyoming you're looking. Our free paycheck calculator shows your actual take-home pay after Wyoming taxes.

Does Wyoming have a state income tax?

Wyoming applies no state income tax at all, and no corporate income tax either, part of why some wealthy residents establish legal residency here. Use our free paycheck calculator to see exactly how that affects your specific take-home pay.

🔗 More Free Tools

💰 PayCalc Pro — See your take-home pay after Wyoming taxes 🏡 HomeBuy Calc — How much home can you afford in Wyoming? 📊 Compare All 50 States — Cost of Living by State 2026

Cost of Living in Wyoming 2026 — Full Guide

Wyoming's cost of living index sits at 96, meaning it runs 4% below the national average. Wyoming's statewide average hides a huge gap — Jackson Hole is one of the most expensive housing markets in the country, while the rest of the state is very affordable.

Wyoming's Economy

Wyoming's economy centers on coal, oil and gas extraction, and tourism around Yellowstone and Grand Teton, with most of that activity concentrated around Cheyenne and Jackson. That local economic base shapes everything from job availability to how quickly housing supply responds to demand — a state built around a few large employers behaves very differently, cost-wise, than one with a diversified metro economy.

Housing Costs in Wyoming

The average rent for a 1-bedroom apartment in Wyoming is approximately $900 per month in 2026. Average home values sit around $290,000. Wyoming's statewide average hides a huge gap — Jackson Hole is one of the most expensive housing markets in the country, while the rest of the state is very affordable.

Taxes in Wyoming

Wyoming applies no state income tax at all, and no corporate income tax either, part of why some wealthy residents establish legal residency here. Combined with federal taxes, this determines your real take-home pay — use our free paycheck calculator to see the exact impact on your specific salary rather than relying on a statewide average.

Data Sources

Cost of living index data is based on the Council for Community and Economic Research (C2ER) methodology. Income figures are from the U.S. Census Bureau American Community Survey (ACS). Rent data is sourced from the Zillow Observed Rent Index. All figures represent approximations and should be verified with official sources for financial planning.

All data is for informational purposes only and is not financial or legal advice.

Cost of Living inWyoming 2026