Income Reality in Wyoming — Taxes, Housing & Salary

No income tax, outdoor paradise, energy wealth

Data: 2026-Q2 · BLS · HUD · KFF
Cost of Living Index
95
Median Household Income
$75,532
State Income Tax
No income tax
Median Rent
$1,400/mo

Income tax overview

Wyoming has no state income tax.

No State Income Tax — this is a significant advantage. At a $70,000 salary, you keep approximately $6,510 more per year than in a high-tax state like California.

Housing snapshot

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

Cost of living summary

At an index of 95, Wyoming is about 5% cheaper than the national average of 100.

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.

Major cities

Denver

1BR $1,754/mo

Salary reality examples

$40-60k

Comfortable in Cheyenne and Casper. No income tax is a meaningful advantage.

$60-80k

Strong purchasing power. Wyoming's tax-free environment and low costs work well together.

$80-100k

Excellent flexibility. Remote workers at this salary have outstanding quality of life.

FAQ

FAQ — Income Reality in Wyoming

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 tools

City Comparison Salary Equivalency

Cost of Living Index from C2ER. This is a picture, not a verdict.

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