Wyoming cost of living
Can you afford to live in the Equality State?
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If you’re thinking about making Wyoming your home, it’s essential to understand what daily life will cost before you pack your bags. Wyoming’s open spaces, small towns and sense of community appeal to many, but the financial side of living here can surprise newcomers — from housing prices to household expenses.
To determine the cost of living in Wyoming, our team reviewed data from the U.S. Bureau of Economic Analysis to understand average spending. We also used recent sources to gather housing, food, transportation, health care and utility costs for a full picture of everyday expenses.
People in Wyoming spend $56,941 each year on goods and services, on average.
Jump to insightThe average rent in Wyoming is $1,168, versus the national average rent of $1,639.
Jump to insightResidents in Wyoming spend $254.24 weekly on food at home.
Jump to insightAs of August 2025, the average price per gallon of regular gas is $3.11 in Wyoming.
Jump to insightRecent data shows that employees in Wyoming pay $1,363 annually for employee-sponsored health insurance coverage.
Jump to insightThe average cost of living in Wyoming
According to the U.S. Bureau of Economic Analysis (BEA), the average annual per-person spending in Wyoming was $56,941 in 2023. This number represents the typical amount residents spend each year on housing, health care, groceries, fuel, utilities and other basic needs.
Here’s a breakdown of the largest spending categories in Wyoming:
| Category | Annual per-capita cost in Wyoming |
|---|---|
| Housing and utilities | $9,698 |
| Health care | $9,050 |
| Food and beverages for off-premises consumption | $4,896 |
| Gasoline and other energy goods | $1,798 |
| All other personal consumption expenditures | $31,499 |
| Total cost | $56,941 |
Housing costs in Wyoming
Housing is often the largest part of anyone’s monthly budget. In 2025, the average rent in Wyoming is $1,168, which is lower than the national average rent of $1,639. Rent amounts can change depending on city, neighborhood and apartment size. According to the 2023 American Community Survey, typical monthly rents in Wyoming are:
- One-bedroom rent: $739
- Two-bedroom rent: $922
- Three-bedroom rent: $1,310
- Four-bedroom rent: $1,369
For those looking to buy, the median home price in Wyoming is $491,000, compared with the national median home price of $446,638.
Property taxes are another important factor — Wyoming’s effective property tax rate is 0.55%, which has a real impact on annual housing costs for homeowners.
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Food costs in Wyoming
Food spending in Wyoming will depend on your shopping habits and family size. The average weekly grocery bill in Wyoming is $254.24, compared with the U.S. average of $270.21.
Where you buy your food and how often you eat out can make a big difference in your monthly expenses. Residents in Wyoming’s larger towns or tourist spots may pay higher prices at restaurants and specialty stores, while smaller communities and rural areas often offer more budget-friendly options for groceries. Cooking at home and looking for local deals can help keep food costs manageable.
Transportation costs in Wyoming
Getting around Wyoming can come with higher fuel expenses. The average price for a gallon of regular gas in Wyoming is $3.11, compared with the U.S. average of $3.13.
Auto insurance is another part of the transportation budget — the average premium for full coverage in Wyoming is $1,057.15, while the national average is $1,258.
Health care costs in Wyoming
If you have employer-sponsored health insurance, the average employee contribution in Wyoming is $1,363 per year, with the rest of the $8,845 total premium covered by employers.
Nationally, employees pay an average of $1,640 toward a total premium of $8,182. Wyoming’s average health care costs are slightly less than the national average, which can be a benefit for families.
Utility costs in Wyoming
Utility bills in Wyoming are another important household expense. The average monthly electric bill is $99.24, while the national average is $136.84.
Natural gas in Wyoming costs $8.52 per thousand cubic feet, compared with $12.92 at the national level. These costs can affect your overall budget, especially in winter months.
FAQ
Does Wyoming have a high cost of living?
No, Wyoming does not have a particularly high cost of living, though home prices in the state are a bit more expensive than in much of the U.S.
Is Wyoming a good place to live?
Yes, Wyoming is a good place to live if you appreciate open spaces, lower population density and a strong sense of community. Wyoming consistently ranks as a top state to move to, and renters in particular find solid options there.
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Is Wyoming good for renters?
Yes, Wyoming is good for renters. Rent is less expensive than in most states, and rental availability gives many people options to choose from. However, tenant protections are weaker than in many other places, so it’s important for renters to understand their rights and responsibilities before signing a lease.
Article sources
ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:
- Apartments.com, “Rent Trends.” Accessed Aug. 20, 2025.
- Redfin, “Redfin Data Center.” Accessed Aug. 20, 2025.
- Tax Foundation, “Where Do People Pay the Most in Property Taxes?” Accessed Aug. 20, 2025.
- United States Census Bureau, “Week 63 Household Pulse Survey: October 18 - October 30.” Accessed Aug. 20, 2025.
- AAA Gas Prices, “State Gas Price Averages.” Accessed Aug. 20, 2025.
- National Association of Insurance Commissioners, “2021/2022 Auto Insurance Database Report.” Accessed Aug. 20, 2025.
- KFF, “Average Annual Single Premium per Enrolled Employee For Employer-Based Health Insurance.” Accessed Aug. 20, 2025.
- U.S. Energy Information Administration, “2023 Average Monthly Bill- Residential.” Accessed Aug. 20, 2025.
