Housing costs in Wyoming?
A typical home costs
$324,500, which is 4.0% less expensive than the national average of
$338,100 and 0.0% less expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Wyoming costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Wyoming?
To live comfortably in Wyoming, a minimum annual income of
$62,280 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Wyoming?
The cost of living in Wyoming State is quite favorable, as the state has a lower than average cost of living index (86.3). This means that the prices of basic goods and services, such as groceries, housing, and utilities are typically lower than the national average. Additionally, Wyoming has no state income tax, which helps to keep costs low for both residents and visitors alike. The median home value in Wyoming is also slightly lower than the national average at $209,800; however, there are still plenty of affordable housing options available throughout the state. Furthermore, there are numerous amenities available throughout Wyoming such as parks, trails, and other attractions that make it an ideal place to live.