Before you decide to relocate to Wyoming, it’s important to research the exact cost of living around the state. And that’s what we’re going to help you do.
These are the places in Wyoming that cost a pretty penny — the most expensive cities in the state.
We used Saturday Night Science to compare the 2019-2023 American Community Survey on cost of living for the 16 places in Wyoming with more than 6,000 people.
After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Wyoming for 2025.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Most Expensive Places To Live In Wyoming For 2025
What’s the most expensive place to live in Wyoming? Well, HomeSnacks crunched the numbers and discovered that Jackson is the most expensive place to live in Wyoming.
Torrington (the cheapest place to live in Wyoming) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.
And if you already knew these places were expensive, check out some more reading about Wyoming and the most expensive cities in the country:
The 10 Most Expensive Places To Live In Wyoming For 2025
/10
Population: 10,746
Cost Of Living Index: 149
Median Income: $112,609
Average Home Price: $1,228,700
Home Price To Income Ratio: 10.9x
More on Jackson: Data
The overall cost of living in Jackson is 149. The median income in Jackson comes in at $112,609 and the average home value is $1,228,700 for 2025.
/10
Population: 10,121
Cost Of Living Index: 104
Median Income: $68,676
Average Home Price: $357,300
Home Price To Income Ratio: 5.2x
More on Cody: Data
The overall cost of living in Cody is 104. The median income in Cody comes in at $68,676 and the average home value is $357,300 for 2025.
/10
Population: 23,229
Cost Of Living Index: 103
Median Income: $73,307
Average Home Price: $245,600
Home Price To Income Ratio: 3.4x
More on Rock Springs: Data
The overall cost of living in Rock Springs is 103. The median income in Rock Springs comes in at $73,307 and the average home value is $245,600 for 2025.
/10
Population: 6,466
Cost Of Living Index: 102
Median Income: $65,077
Average Home Price: $265,400
Home Price To Income Ratio: 4.1x
More on Powell: Data
The overall cost of living in Powell is 102. The median income in Powell comes in at $65,077 and the average home value is $265,400 for 2025.
/10
Population: 33,278
Cost Of Living Index: 100
Median Income: $90,699
Average Home Price: $257,200
Home Price To Income Ratio: 2.8x
More on Gillette: Data
The overall cost of living in Gillette is 100. The median income in Gillette comes in at $90,699 and the average home value is $257,200 for 2025.
/10
Population: 31,848
Cost Of Living Index: 100
Median Income: $52,414
Average Home Price: $302,200
Home Price To Income Ratio: 5.8x
More on Laramie: Data
The overall cost of living in Laramie is 100. The median income in Laramie comes in at $52,414 and the average home value is $302,200 for 2025.
/10
Population: 7,565
Cost Of Living Index: 98
Median Income: $71,601
Average Home Price: $321,800
Home Price To Income Ratio: 4.5x
More on Lander: Data
The overall cost of living in Lander is 98. The median income in Lander comes in at $71,601 and the average home value is $321,800 for 2025.
/10
Population: 64,976
Cost Of Living Index: 97
Median Income: $77,176
Average Home Price: $311,200
Home Price To Income Ratio: 4.0x
More on Cheyenne: Data
The overall cost of living in Cheyenne is 97. The median income in Cheyenne comes in at $77,176 and the average home value is $311,200 for 2025.
/10
Population: 19,035
Cost Of Living Index: 97
Median Income: $61,598
Average Home Price: $295,300
Home Price To Income Ratio: 4.8x
More on Sheridan: Data
The overall cost of living in Sheridan is 97. The median income in Sheridan comes in at $61,598 and the average home value is $295,300 for 2025.
/10
Population: 11,679
Cost Of Living Index: 97
Median Income: $85,399
Average Home Price: $255,600
Home Price To Income Ratio: 3.0x
More on Green River: Data
The overall cost of living in Green River is 97. The median income in Green River comes in at $85,399 and the average home value is $255,600 for 2025.
Methodology: How We Determined The Most Expensive Places To Live In The Equality State For 2025
The two most important things to think about when it comes to being able to afford a city in Wyoming are:
- How much money do I make?
- How much do I have to spend to live there?
You need to understand your costs in the context of how much money you make.
For example, if the median household earns $100,000 and spends $40,000 on housing, it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.
With that example in mind, we derived several statistics from the latest Census American Community Survey 2019-2023 around incomes and costs. They are:
- Overall Cost Of Living Index
- Median Home Price / Median Income (lower is better)
- Median Income / Median Rent (Higher is better)
- Median Home Price
You can then compare these metrics in each of the places in Wyoming to figure out which is the most expensive.
You are left with a “Cost of Living Index” by taking the average rank of each of these metrics for each city.
So we used that cost of living index to rank all of the 16 places in Wyoming that have more than 6,000 people.
The place with the highest cost of living in Wyoming according to the data is Jackson. We updated this article for 2025. This article is our tenth time ranking the most expensive places to live in Wyoming.
Summary: Taking A Chunk Out Of Your Paycheck In Wyoming For 2025
Well, there you have it, the places in Wyoming that have the highest cost of living, with Jackson ranking as the most expensive city in the Equality State.
The most expensive cities in Wyoming are Jackson, Cody, Rock Springs, Powell, Gillette, Laramie, Lander, Cheyenne, Sheridan, and Green River.
Here’s a look at the most affordable cities in Wyoming according to the data:
- Torrington
- Rawlins
- Riverton
For more Wyoming reading, check out:
- Best Places To Live In Wyoming
- Cheapest Places To Live In Wyoming
- Most Dangerous Cities In Wyoming
- Best Places To Raise A Family In Wyoming
- Safest Places In Wyoming
- Worst Places To Live In Wyoming
Most Expensive Cities In Wyoming
| Rank | City | Cost Of Living | Population | Median Income | Average Home Price | Home/Income Ratio |
|---|---|---|---|---|---|---|
| 1 | Jackson | 149 | 10,746 | $112,609 | $1,228,700 | 10.9x |
| 2 | Cody | 104 | 10,121 | $68,676 | $357,300 | 5.2x |
| 3 | Rock Springs | 103 | 23,229 | $73,307 | $245,600 | 3.4x |
| 4 | Powell | 102 | 6,466 | $65,077 | $265,400 | 4.1x |
| 5 | Gillette | 100 | 33,278 | $90,699 | $257,200 | 2.8x |
| 6 | Laramie | 100 | 31,848 | $52,414 | $302,200 | 5.8x |
| 7 | Lander | 98 | 7,565 | $71,601 | $321,800 | 4.5x |
| 8 | Cheyenne | 97 | 64,976 | $77,176 | $311,200 | 4.0x |
| 9 | Sheridan | 97 | 19,035 | $61,598 | $295,300 | 4.8x |
| 10 | Green River | 97 | 11,679 | $85,399 | $255,600 | 3.0x |
| 11 | Casper | 94 | 58,754 | $69,171 | $250,700 | 3.6x |
| 12 | Evanston | 94 | 11,803 | $76,569 | $236,400 | 3.1x |
| 13 | Douglas | 93 | 6,400 | $79,839 | $251,500 | 3.2x |
| 14 | Riverton | 92 | 10,803 | $56,280 | $204,900 | 3.6x |
| 15 | Rawlins | 91 | 8,217 | $69,912 | $205,900 | 2.9x |
| 16 | Torrington | 88 | 6,174 | $53,393 | $194,100 | 3.6x |