Torrington, WY Cost Of Living

The latest cost of living statistics for Torrington. Includes statistics on rent, mortgages, healthcare, and other costs for Torrington compared to the state and national averages.

Cost of living in Torrington, Wyoming

Cost of living in Torrington 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 Torrington is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Wyoming, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

93 Cost of living index 0.9x lower vs US
#1 Cheapest in Wyoming (of 17)
#1,516 Cheapest in the U.S. (of 6,489)
$230,286 Median home value
$901 Median rent
$47,902 Median income
Not sure Torrington fits your budget? Try our place-match quiz →

What is the cost of living in Torrington, WY?

According to the most recent data on the cost of living, Torrington has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to Wyoming, Torrington has a cost of living index that's 0.9x lower than Wyoming's index of 101.

The standard of living in Torrington ranks as #1 most affordable out of the 17 places we measured in Wyoming. By definition, that implies Torrington ranks as the #16 most expensive place in the Equality State.

For more reading on life in Torrington, check out:

Torrington Cost Of Living Vs. Wyoming

Six factors go into calculating the cost of living index in Torrington. Here is how it fares on each of the criteria:

  • The Services index in Torrington is 100.

  • The Groceries index in Torrington is 94.

  • The Health index in Torrington is 84.

  • The Housing index in Torrington is 101.

  • The Transportation index in Torrington is 106.

  • The Utilities index in Torrington is 103.

Living Expense Torrington Wyoming National Average
Overall 93 101 100
Services 100 99 100
Groceries 94 97 100
Health 84 102 100
Housing 101 101 100
Transportation 106 104 100
Utilities 103 98 100

Torrington Cost Of Living Compared To Wyoming Averages

Services
Torrington 100
Wyoming avg 99
Groceries
Torrington 94
Wyoming avg 97
Health
Torrington 84
Wyoming avg 102
Housing
Torrington 101
Wyoming avg 101
Transportation
Torrington 106
Wyoming avg 104
Utilities
Torrington 103
Wyoming avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Wyoming, check out:

Protect your home budget Compare home warranties in Torrington Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Torrington, WY Housing Cost Breakdown

$230,286Median Home Value
$901Median Rent
$47,902Median Income

Housing swings affordability the most between places in Wyoming, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Torrington is $230,286.

  • The Median Rent in Torrington is $901.

  • The Median Income in Torrington is $47,902.

  • The Home Value To Income in Torrington is 4.8x.

  • The Rent To Monthly Income in Torrington is 0.23x.

Statistic Torrington Wyoming United States
Median Home Value $230,286 $363,227 $332,700
Median Rent $901 $992 $1,413
Median Income $47,902 $76,176 $80,734
Home Value To Income 4.8x 4.8x 4.1x
Rent To Monthly Income 0.23x 0.16x 0.21x

Torrington, WY Costs By Category

Detailed Torrington Services costs vs. Wyoming
Item Torrington Wyoming
Shampoo $1.23 $1.28
Movie $10.98 $12.13
Bowling $15.17 $18
Haircut $28.69 $24.26
Beauty Salon $33.98 $45.56
Detailed Torrington Groceries costs vs. Wyoming
Item Torrington Wyoming
Ground Beef $5.98 $5.84
Fried Chicken $1.41 $1.57
Milk $4.67 $4.67
Potatoes $4.44 $4.93
Pizza $12.23 $12.09
Beer $10.49 $10.41
Toothpaste $3.63 $3.7
Detailed Torrington Health costs vs. Wyoming
Item Torrington Wyoming
Optometrist $191.47 $125.68
Doctor $140.63 $135.78
Dentist $107.16 $113.29
Detailed Torrington Transportation costs vs. Wyoming
Item Torrington Wyoming
Gasoline $3.32 $3.46
Tire Balancing $59.3 $59.92
Detailed Torrington Utilities costs vs. Wyoming
Item Torrington Wyoming
All Electricity $154.32 $193.99
Phone $187.74 $192.25

Torrington SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 6/10
Affordability 8/10
Diversity 8/10
Safety 6/10
Amenities 8/10
Education 7/10
Commute 10/10

Cost Of Living In Cities Around Torrington

The cost of living varies in the cities and towns around Torrington. Here's a quick look at the cost of living in the most populous nearby places:

  • Scottsbluff, NE has a cost of living index of 93, 1.0x Torrington.

  • Gering, NE has a cost of living index of 94, 1.0x Torrington.

City Population Cost Of Living Vs. Torrington
Scottsbluff, NE 14,376 93 1.0x
Gering, NE 8,550 94 1.0x