United States

Cost of living in Wyoming

Cost of living in Wyoming comes in at 92.7, placing it 7 percent below the US average and 36th nationally. Wyoming levies no state income tax at all and charges a base sales tax of only 4 percent, giving it one of the lowest combined tax burdens of any US state. For reference, Wyoming sits just below Ohio (92.8) and just above New Mexico (92.2) in the national price ranking. The combination of no income tax and a low sales tax is rare: most no-income-tax states, such as Washington (6.5 percent) and Tennessee (7 percent), offset the absence of income tax with higher consumption levies. Wyoming avoids that trade-off. The state's small permanent population relative to its land area means that Wyoming's public services and infrastructure are partly funded by energy severance taxes rather than resident income taxes, a fiscal structure that has historically allowed low direct taxation on individuals.

Price level

92.7

US = 100

National rank

36th

of 51, dearest first

Income tax

None

none

Sales tax

4%

state base rate

What your salary is worth in Wyoming

Because prices here sit at 92.7 against the national 100, the same paycheck stretches differently than it would elsewhere. These figures hold buying power constant: the salary listed is what you would need in Wyoming to live as you would on the reference amount in another place.

Same lifestyle as$60,000$100,000
US average$55,620$92,700
California (dearest)$50,244$83,740
Arkansas (cheapest)$64,005$106,674

Compare Wyoming with anywhere in the US

To live the same in California you need

$83,592

to match $70,000 in Wyoming

California runs at a price level of 110.7 against Wyoming at 92.7 (US = 100).19% more expensive

Price level, US = 100

California$83,592111
Hawaii$83,064110
District of Columbia$82,988110
New Jersey$82,157109
New York$81,478108
Washington$80,798107
Massachusetts$79,892106
Maryland$79,288105
New Hampshire$78,684104
Connecticut$78,231104
Florida$78,080103
Oregon$78,080103
Colorado$77,853103
Alaska$77,325102
Rhode Island$77,249102
Virginia$76,343101
Arizona$76,041101
Illinois$75,512100
Nevada$75,512100
Delaware$75,361100
Utah$74,68299
Minnesota$74,45599
Vermont$74,00298
Pennsylvania$73,70098
Maine$73,32397
Texas$73,32397
Georgia$72,71896
Michigan$72,64396
Idaho$72,11496
Montana$71,43595
North Carolina$71,20894
Wisconsin$71,05794
South Carolina$70,75594
Indiana$70,45393
Ohio$70,07693
Wyoming$70,00093
New Mexico$69,62292
Tennessee$69,39692
Missouri$68,56591
Kentucky$68,11290
Kansas$68,03790
Nebraska$68,03790
West Virginia$67,58490
North Dakota$67,20689
Alabama$67,05589
South Dakota$66,90489
Louisiana$66,60288
Iowa$66,30088
Oklahoma$66,30088
Mississippi$65,69687
Arkansas$65,62087

The equivalent salary keeps your purchasing power constant: it is your pay scaled by the ratio of the two price levels. Regional Price Parities measure what a fixed basket of goods and services costs locally. Source: U.S. Bureau of Economic Analysis, 2024.

Wyoming in context

Wyoming's population is concentrated in a handful of small cities. Cheyenne, Casper, and Laramie are the largest, and none approaches the scale of a major metro, which keeps housing prices moderate and amenity costs in line with a smaller-market context. The absence of both income and high sales taxes means that households retain a higher share of earnings than in almost any other state, but Wyoming offers fewer urban amenities, cultural institutions, and healthcare specialties than larger states at similar price levels. Remote and rural living is the norm across most of the state. Energy sector employment, including oil, gas, and coal, has historically driven wages in resource-producing counties. Wyoming appeals to retirees seeking tax efficiency, outdoor enthusiasts, and individuals who place high value on low tax burden and are comfortable with limited urban infrastructure.

The closest state above Wyoming on price is Ohio at 92.8. Just below sits New Mexico at 92.2.

Frequently asked questions

Is Wyoming expensive to live in?

Wyoming sits at a price level of 92.7 where the US average is 100, so a typical basket of goods and services costs about 7% less than the national norm. That ranks it 36th most expensive of 51 states. Housing is usually the largest single driver of the gap.

What salary do you need in Wyoming?

To match the buying power of $60,000 earned at the US average, you would need about $55,620 in Wyoming. The figure scales with the price level: a place dearer than average needs more, a cheaper one needs less. Your own number also depends on housing choice and household size.

How much tax does Wyoming charge?

Wyoming applies no state income tax and a base state sales tax of 4%. No state individual income tax. State sales tax base rate 4.0%. Local jurisdictions can add their own sales tax on top.

Cost of living in other states

Estimate only

Price levels are Regional Price Parities from the U.S. Bureau of Economic Analysis, Regional Price Parities (SARPP, MARPP), 2024 (public domain). State tax figures are the latest published rates from state revenue departments. All figures are estimates for general comparison and not financial advice; your own costs depend on housing, household size and lifestyle.