Cost of Living in Wyoming — Housing, Taxes & Everyday Expenses

No income tax, outdoor paradise, energy wealth

Data: 2026-Q2 · BLS · HUD · KFF

Overview

Wyoming has no state income tax and benefits from energy (oil, gas, coal) tax revenues that fund state services. It offers exceptional outdoor access with low population density.

Housing costs

Median 1BR rent in Cheyenne is approximately $1,000 and Casper approximately $900. Jackson Hole is extremely expensive as a resort destination.

Tax reality

Wyoming has no state income tax.

Wyoming has no state income tax — a meaningful boost to take-home pay versus high-tax states.

Everyday expenses

At a cost of living index of 95, Wyoming is about 5% cheaper than the national average of 100. Wyoming's no income tax and near-average costs provide strong purchasing power, especially for remote workers.

Salary reality in Wyoming

$40-60k ~$3,518/mo take-home
$60-80k ~$4,803/mo take-home
$80-100k ~$5,975/mo take-home
FAQ

Cost of Living in Wyoming — FAQ

Does Wyoming have a state income tax?

No. Wyoming has no state income tax.

Is Wyoming affordable?

Wyoming has a cost of living index of 95, slightly below the national average. Jackson Hole is a major exception as an expensive resort destination.

Related

Full Wyoming Income Reality → Cheapest States All Cost of Living Guides

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.