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    • $35,303 a year

      • Laramie is a city in Albany County, Wyoming, with a population of 32,178. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Laramie is $35,303 a year — less than the annual cost of living for Wyoming of $37,015 and less than the national figure of $38,433.
  1. Aug 27, 2024 · Compare the Cost of Living in Laramie, Wyoming against another US Cities and States. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities.

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  3. A typical home costs $335,700, which is 0.7% less expensive than the national average of $338,100 and 3.5% more expensive than the average Wyoming home, at $324,500. Renting a two-bedroom unit in Laramie costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 8.2% cheaper than the state average of $920.

  4. The cost of living in Laramie, WY is relatively low compared to other cities in the United States. According to Numbeo, the average cost of a one-bedroom apartment in the city center is $636 per month and groceries are around 13% lower than the national average.

    • Average Cost of Living in Wyoming: $47,832 Per Year
    • Housing Costs in Wyoming
    • Utility Costs in Wyoming
    • Groceries & Food
    • Transportation
    • Health Care
    • Child Care
    • Taxes
    • Miscellaneous Costs

    Wyoming has the lowest average cost of living among all of the Rocky Mountain states, beating out neighbors like Utah, Colorado, Idaho, and Montana. It also ranks among the top 20 most affordable states in the nation, according to MERIC data collected in 2022. According to the latest data from the Bureau of Economic Analysis , average personal cons...

    Average Housing Costs in Wyoming: $662 to $1,622 per month Wyoming is sparsely populated with plenty of plains, mountains, and even desert in between. The state has just 274,371 housing units, according to 2021 data from the U.S. Census Bureau. The typical home value in Wyoming was $316,886 as of February 2023, Zillow said, which falls beneath the ...

    Average Utility Costs in Wyoming: $373 per month Utility costs make up a portion of your monthly expenses. Here’s a snapshot of these costs for the typical Wyomingite. Sources: U.S. Energy Information Administration, Electric Sales, Revenue, and Average Price, 2021; Inspirecleanenergy.com; DoxoInsights, U.S. Cable & Internet Market Size and Househo...

    Average Grocery & Food Costs in Wyoming: $335.17 per month Compared with popular neighboring state Utah, Wyoming is not a cheap state when it comes to food costs. In aggregate, Wyoming cities actually ranked the second most expensive in the entire Rocky Mountain region, with only Colorado scoring higher on grocery expenses. According to the Bureau ...

    Average Transportation Costs in Wyoming: $5,316 to $15,073 per year Cruising the open roads of Wyoming while listening to your favorite tunes is a thrill that can be enjoyed by anyone with a set of wheels; it will unfortunately still require you to keep one eye on the fuel gauge. Luckily, when compared with the rest of the nation, Wyoming actually ...

    Average Health Care Costs in Wyoming: $7,562 per person, per year Annual health care costs in Wyoming usually hover around $7,500 per person, according to the Bureau of Economic Analysis 2021 Personal Consumption Expenditures report. Individual results will vary based on personal factors such as your age, medical needs, and health insurance coverag...

    Average Child Care Costs in Wyoming: $664 to $1,248 per child, per month Average child care costs in Wyoming will vary by location and the type of care sought. Interestingly enough, home-based family care comes in cheaper than classroom settings in Wyoming. The Wyoming Department of Family Services is an excellent resource for parents seeking more ...

    Average Taxes in Wyoming: No income tax Wyoming is one of nine states that do not levy individual income taxes. According to the Tax Foundation’s State and Local Tax Burdens for 2022 , Wyoming also has the second-lowest tax burden of any U.S. state, with an effective tax rate of just 7.5%. That is second only to Alaska, which has the lowest taxes i...

    What’s left after covering typical living costs like housing, utilities, and taxes? Hopefully enough money to cover some of Wyoming’s everyday pleasures. Here’s how much some popular activities and foods in the Cowboy State will set you back. • Admission to Yellowstone National Park:$35 for a single vehicle for 7 days • Admission to Grand Teton Nat...

  5. The cost of living in Laramie, WY is 1% lower than the state average and 8% lower than the national average. Laramie, WY housing is 20% cheaper than the U.S average, while utilities are about 13% less pricey.

  6. Laramie Wyom Metro Area, Wyoming gets a BestPlaces Cost of Living score of 93, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% lower than the U.S. average and 4.6% higher than the average for Wyoming.

  7. The cost of living in Laramie is 101, which is 1% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location.

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