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State cost profile · 2024 BEA RPP

Cost of Living in Wyoming

Statewide Regional Price Parities for Wyoming from the Bureau of Economic Analysis — overall, goods, services, and rents vs the U.S. average of 100, across 2 metro areas.

92.7
Statewide RPP
#36
of 51 states by cost
71.1
Rents RPP
2
Metro areas

The verdict

Wyoming costs less than 71% of U.S. states — a statewide index of 92.7, 7.3% below the national average.

92.7
statewide cost index (US average = 100)
#36
of 51 states by overall cost
bottom 29%
nationally, among all states
71.1
rents RPP — the biggest budget swing

A $100,000 national salary carries the purchasing power of about $107,885 when earned in Wyoming.

Reading the Wyoming Cost of Living Picture

The Bureau of Economic Analysis places Wyoming's statewide Regional Price Parity at 92.7 for the 2024 data year, 7.3% less expensive the U.S. baseline of 100. Inside the headline figure, the state's categories sit near average, while rents offer the biggest relief at 71.1. That internal spread — rather than the single state number — is what determines whether a household actually feels priced in or priced out.

Wyoming captures 2 metro areas in the BEA dataset, and the range across them is meaningful. Cheyenne, WY leads on cost at 96.5, while Casper, WY sits at the opposite end at 93.8 — a gap of 2.7 index points inside a single state. For goods the state indexes at 95.4, for services 78.4, and for rents 71.1 — the rent figure tends to be the most volatile input and deserves its own line-item review before any relocation decision.

Over time, Wyoming's statewide index has eased by 2.6 points, narrowing the premium versus lower-cost states. Practically, this means a $100,000 national salary delivers the purchasing power of about $107,885 of national buying power when earned inside Wyoming, and a household relocating here would need roughly $92,691 to reproduce a $100K lifestyle. Pair these numbers with metro-specific wage data and rent tables before treating the statewide figure as your planning assumption.

92.7
Overall
95.4
Goods
78.4
Services
71.1
Rents

Wyoming vs every U.S. state

Where this state sits in the national cost distribution

93 Top 71% higher than 29% of 51 US states

84–87: 2 US states (4%). Below this entry. 87–90: 7 US states (14%). Below this entry. 90–93: 8 US states (16%). This entry sits in this band. 93–96: 6 US states (12%). Above this entry. 96–99: 8 US states (16%). Above this entry. 99–102: 5 US states (10%). Above this entry. 102–105: 8 US states (16%). Above this entry. 105–108: 3 US states (6%). Above this entry. 108–111: 4 US states (8%). Above this entry. 111–114: 0 US states (0%). Above this entry. 114–117: 0 US states (0%). Above this entry. This state 84 117 every US state (incl. DC), bucketed by value

Each bar is a band; taller bars hold more US states. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis — Regional Price Parities · 2024

Most Expensive in Wyoming → Cheapest in Wyoming →

Metro areas in Wyoming, ranked by cost

# Metro area OverallGoodsServicesRents
1 Cheyenne 96.5 95.4 78.0 89.8
2 Casper 93.8 95.4 78.9 74.2

The Rents RPP index measures housing costs relative to the national average (100). For the federal 40th-percentile Fair Market Rent by bedroom size and county, see the HUD Fair Market Rents dataset.

RPP History

Year Overall
2008 95.3
2009 96.6
2010 95.5
2011 97.6
2012 96.3
2013 97.3
2014 97.4
2015 96.9
2016 97.7
2017 97.1
2018 92.4
2019 94.1
2020 91.8
2021 91.4
2022 91.8
2023 91.6
2024 92.7

Cost of Living Guides

Cheapest Metros to Live in 2026
Official BEA data on the most affordable areas
Most Expensive Cities: 2026 Rankings
What drives high costs and how to cope
Cost of Living vs Wages
Where your dollar goes furthest
Understanding Regional Price Parities
How BEA constructs RPP data

View all guides →

Frequently Asked Questions

What is the cost of living in Wyoming? ▼
Wyoming has a Regional Price Parity (RPP) index of 92.7, meaning it is 7.3% less expensive than the national average. Goods are indexed at 95.4, services at 78.4, and rents at 71.1.
What salary in Wyoming equals $100K nationally? ▼
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $92,691 in Wyoming. Conversely, $100K earned in Wyoming has the purchasing power of $107,885 at the national average.
Is housing expensive in Wyoming? ▼
Rents in Wyoming are indexed at 71.1, which is 28.9% below the national average. The state is relatively affordable for renters.
Which is the most expensive metro in Wyoming? ▼
The most expensive metro area in Wyoming is Cheyenne, WY with an RPP of 96.5. The most affordable is Casper, WY at 93.8. There are 2 metro areas in Wyoming with BEA price data.
Is Wyoming getting more expensive? ▼
From 2008 to 2024, Wyoming's overall cost index changed by -2.6 points (from 95.3 to 92.7). The cost of living has been declining.

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

Read our methodology — how this data is sourced, computed, and verified.