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 identifies its source and vintage.

Price level (all items)92.7−7.3% vs US avg · rank 36/51 BEA RPP SARPP. Source: BEA Regional Price Parities · SARPP · 2024 vintage · released February 19, 2026 · Official API
Unemployment3.0%July 2026 (prelim.) BLS LAUS LAUS. Source: BLS Local Area Unemployment Statistics · LAUS · July 2026 vintage · released Aug. 21, 2026 · Official API
Median rent$992/moCensus ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$309,700Census ACS ACS5. Source: 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. The statewide median gross-rent-to-income ratio is 27.0%, below the commonly used 30% cost-burden threshold. Owner-occupied homes report median real estate taxes of $1,767 a year; that figure is context for owners, not a household-specific tax quote.

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. Its combined state-and-local sales tax averages 5.56%. These headline rates do not by themselves measure a household's total tax burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 3.0% (July 2026), 1.1 percentage points below the national rate of 4.1%. 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 published data on this page. Missing values are never modeled or filled in.

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 19, 2026 · Official API

Housing & income (ACS)

Median gross rent$992/mo ±$17
Median home value$309,700 ±$3,824
Median household income$76,176/yr ±$1,168
Homeownership rate71.8%
Median rent as % of income27.0% ±0.7%
Median owner costs as % of income16.7% ±0.3%
Median real estate taxes paid$1,767/yr ±$19

The ± values are Census 90% margins of error. Property-tax figures cover owner-occupied homes and are not estimates for a particular property.

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

The job market

The seasonally-adjusted unemployment rate in Wyoming is 3.0% as of July 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · July 2026 · rel. Aug. 21, 2026 · Official API

How much prices vary within Wyoming

BEA metro price levels for metropolitan areas that include part of Wyoming. Cross-state metros may appear in more than one state.

Metro areaAll itemsHousing rentsvs US
Casper, WY93.874.2−6.2%
Cheyenne, WY96.589.8−3.5%

BEA Regional Price Parities by metro area · MARPP · 2024 · rel. February 19, 2026 · Official API

Compare all US metro areas →

How the statewide price level has changed

BEA Regional Price Parity over time. This shows prices relative to the US average in each year; it is not a consumer-price inflation series.

92.095.097.020082016202492.7
Data table
YearWyoming
200895.3
200996.6
201095.5
201197.6
201296.3
201397.3
201497.4
201596.9
201697.7
201797.1
201892.4
201994.1
202091.8
202191.4
202291.8
202391.6
202492.7

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing and jobs over complete calendar years

Home prices (FHFA index)

Home prices in Wyoming are up 118% since 2005 (FHFA index). That outpaces the national 95% — home values here have grown faster than the country as a whole.

279471663200520152025511
Wyoming United States
Data table
YearWyomingUS
2005234362
2006263379
2007282375
2008282348
2009273330
2010269324
2011266313
2012272315
2013276328
2014287345
2015296362
2016301382
2017307403
2018318422
2019335443
2020353471
2021409556
2022451616
2023466648
2024490683
2025511707

Unemployment rate

The annual unemployment rate peaked at 6.9% in 2010; the latest complete-year average is 3.1% for 2024 — a long recovery from that high.

1%5%9%2005201520243.1%
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%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2024 · 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 are available for selected roles in the salary comparison. See the methodology →