Wyoming by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure links to its official source.

Price level (all items)92.7−7.3% vs US avg · rank 36/51 BEA RPP SARPPSource: BEA Regional Price Parities · SARPP · 2024 vintage · released February 2026 · Official API
Unemployment3.4%May 2026 (prelim.) BLS LAUS LAUSSource: BLS Local Area Unemployment Statistics · LAUS · May 2026 vintage · released May 2026 · Official API
Median rent$992/moCensus ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$309,700Census ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Wyoming

The cost-of-living picture

Overall prices in Wyoming run at 92.7 on the BEA index, where 100 is the US average — cheaper than most of the country. That puts it 7% below the national level, the 16th-cheapest state of 51. The single biggest factor is housing rents, which sits at 71.1 — 29% below the national norm.

Housing

The typical renter pays $992 a month — 30% below the national median of $1,413, the 44th-highest rent in the country. Buying is a bigger gap: the median home is worth $309,700, 7% below the national median. 71.8% of homes are owner-occupied, making it an ownership-heavy state. Renters here spend a median 27.0% of their income on rent, within the range usually considered affordable.

Do paychecks keep up with prices?

Median household income is $76,176, the 30th-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $82,175 in national-average terms. Because costs are low, Wyoming punches above its paycheck: it climbs from 30th in raw income to 25th once you adjust for prices.

The tax trade-off

Wyoming levies no tax on wage income. And its combined sales tax is comparatively mild at 5.56%, a genuinely light overall burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 3.4% (May 2026), 19% below the national 4.2%. That is a tighter labor market than the country as a whole. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the sourced data on this page — no estimates, no filler.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Wyoming.
ComponentWyomingvs US avg
All items92.7−7.3%
Housing rents71.1−28.9%
Goods95.4−4.6%
Utilities78.4−21.6%
Other services100.4+0.4%

BEA Regional Price Parities · SARPP · 2024 · rel. February 2026 · Official API

Housing & income (ACS)

Median gross rent$992/mo
Median home value$309,700
Median household income$76,176/yr
Homeownership rate71.8%
Median rent as % of income27.0%
Median owner costs as % of income16.7%

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Wyoming is 3.4% as of May 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · May 2026 · rel. May 2026 · Official API

How Wyoming has changed since 2005

Home prices (FHFA index)

Home prices in Wyoming are up 122% since 2005 (FHFA index). That outpaces the national 97% — home values here have grown faster than the country as a whole.

279474668200520162026519
Wyoming United States
Data table
YearWyomingUS
2005234363
2006263379
2007282375
2008282348
2009273330
2010269324
2011266313
2012272315
2013276328
2014287345
2015296362
2016301382
2017307403
2018318422
2019335444
2020353471
2021409556
2022451617
2023465649
2024492685
2025511708
2026519713

Unemployment rate

State unemployment peaked at 6.9% in 2010 and stands at 3.5% today — a long recovery from that high.

1%5%9%2005201620263.5%
Wyoming United States
Data table
YearWyomingUS
20053.6%5.1%
20063.1%4.6%
20072.7%4.6%
20083%5.8%
20096.3%9.3%
20106.9%9.6%
20116.1%8.9%
20125.4%8.1%
20134.7%7.4%
20144.4%6.2%
20154.3%5.3%
20165.3%4.9%
20174.3%4.4%
20184.1%3.9%
20193.7%3.7%
20205.9%8.1%
20214.6%5.4%
20223.4%3.7%
20232.9%3.6%
20243.1%4%
20253.3%4.3%
20263.5%4.3%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2026 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income taxNo wage income tax
Sales tax (state)4.00%
Sales tax (combined avg)5.56%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Wyoming →

Where Wyoming ranks

Sources for every figure on this page

Occupation wages and a full tax profile for Wyoming are being added. See the methodology →