Cost of living in Wyoming research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Wyoming is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Wyoming is 112, with 100 being the average.
The cost of living index in Wyoming is 1.1x higher than the national average.
Wyoming ranks as the #270 cheapest in Ohio out of 286.
Wyoming ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Wyoming is $343,400.
The median income in Wyoming is $133,500.
According to the most recent data on the cost of living, Wyoming has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Ohio, Wyoming has a cost of living index that's 1.2x higher than Ohio's index of 91.
The standard of living in Wyoming ranks as #270 most affordable out of the 286 places we measured in Ohio. By definition, that implies Wyoming ranks as the #16 most expensive place in the Buckeye State.
For more reading on life in Wyoming, check out:
Six factors go into calculating the cost of living index in Wyoming. Here is how it fairs on each of the criteria:
The Services index in Wyoming is 102.
The Groceries index in Wyoming is 96.
The Health index in Wyoming is 98.
The Housing index in Wyoming is 149.
The Transportation index in Wyoming is 106.
The Utilities index in Wyoming is 90.
|Living Expense||Wyoming||Ohio||National Average|
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Wyoming is $343,400.
The Median Rent in Wyoming is $1,207.
The Median Income in Wyoming is $133,500.
The Home Value To Income in Wyoming is 2.6x.
The Rent To Monthly Income in Wyoming is 0.11x.
|Median Home Value||$343,400||$159,900||$244,900|
|Home Value To Income||2.6x||2.6x||3.5x|
|Rent To Monthly Income||0.11x||0.17x||0.2x|
The cost of living varies in the cities and towns around Wyoming. Here's a quick look at the cost of living in the most populous nearby places:
Mason, OH has a cost of living index of 104, 0.9x Wyoming.
Finneytown, OH has a cost of living index of 92, 0.8x Wyoming.
Monfort Heights, OH has a cost of living index of 98, 0.9x Wyoming.
|City||Population||Cost Of Living||Vs. Wyoming|
|Monfort Heights, OH||13,221||98||0.9x|
|Dry Run, OH||7,457||120||1.1x|