New York-Newark-Jersey City vs Cheyenne

Cost of living comparison based on BEA Regional Price Parities. Cheyenne is 14.3% less expensive than New York-Newark-Jersey City.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes New York-Newark-Jersey City, NY-NJ at an overall Regional Price Parity of 112.6 and Cheyenne, WY at 96.5, using the U.S. national average of 100 as the reference point. That puts Cheyenne 14.3% less expensive than New York-Newark-Jersey City on a blended basket of goods, services, and rents. The raw index gap of 16.1 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, New York-Newark-Jersey City indexes goods at 110.3, services at 127.0, and rents at 148.6, while Cheyenne comes in at 95.4, 78.0, and 89.8 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - New York-Newark-Jersey City carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in New York-Newark-Jersey City has the same purchasing power as $85,722 in Cheyenne based on these indexes. The two metros serve populations of roughly 19,756,722 (New York-Newark-Jersey City) and 100,661 (Cheyenne), and median household incomes are $97,334 versus $77,884 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

New York-Newark-Jersey City
112.6
Cost Index
Cheyenne
96.5
Cost Index

Category Breakdown

Category New York-Newark-Jersey City Cheyenne Difference
Overall 112.6 96.5 -16.1
Goods 110.3 95.4 -14.9
Services 127.0 78.0 -49.1
Rents 148.6 89.8 -58.8

Visual Comparison

Overall
New York-Newark-Jersey City
112.6
Cheyenne
96.5
Goods
New York-Newark-Jersey City
110.3
Cheyenne
95.4
Services
New York-Newark-Jersey City
127.0
Cheyenne
78.0
Rents
New York-Newark-Jersey City
148.6
Cheyenne
89.8

Vertical line = national average (100)

Salary Equivalents

What a salary in New York-Newark-Jersey City would need to be in Cheyenne for the same purchasing power:

In New York-Newark-Jersey City In Cheyenne Difference
$50,000 $42,861 $-7,139
$75,000 $64,291 $-10,709
$100,000 $85,722 $-14,278
$150,000 $128,583 $-21,417

Use the salary calculator for custom amounts.

Metro Context

Metric New York-Newark-Jersey City Cheyenne
Population 19,756,722 100,661
Median Income $97,334 $77,884
Data Year 2024 2024

Frequently Asked Questions

Is Cheyenne more expensive than New York-Newark-Jersey City?
Cheyenne is 14.3% less expensive than New York-Newark-Jersey City. The overall cost index is 96.5 vs 112.6 (national average = 100).
What salary in Cheyenne equals $100K in New York-Newark-Jersey City?
A $100,000 salary in New York-Newark-Jersey City has the same purchasing power as $85,722 in Cheyenne. This is based on the BEA Regional Price Parity indexes.
How do rents compare between New York-Newark-Jersey City and Cheyenne?
Rents in New York-Newark-Jersey City are indexed at 148.6 while Cheyenne is at 89.8 (national average = 100). New York-Newark-Jersey City has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial