Cheyenne, WY Cost Of Living
Cost Of Living In Cheyenne, WY Summary
Cost of living in Cheyenne 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 Cheyenne 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:
The cost of living index in Cheyenne is 97, with 100 being the average.
The cost of living index in Cheyenne is 1.0x lower than the national average.
Cheyenne ranks as the #7 cheapest in Wyoming out of 18.
Cheyenne ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Cheyenne is $241,100.
The median income in Cheyenne is $70,705.
Table Of Contents
Cheyenne's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cheyenne, WY?
According to the most recent data on the cost of living, Cheyenne has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Wyoming, Cheyenne has a cost of living index that's 1.1x higher than Wyoming's index of 92.
The standard of living in Cheyenne ranks as #7 most affordable out of the 18 places we measured in Wyoming. By definition, that implies Cheyenne ranks as the #11 most expensive place in the Equality State.
For more reading on life in Cheyenne, check out:
- Living In Cheyenne
- Cheyenne Crime Report
- Search Homes For Sale In Cheyenne, WY
In Wyoming
In America
Cheyenne Cost Of Living Vs. Wyoming
Six factors go into calculating the cost of living index in Cheyenne. Here is how it fairs on each of the criteria:
The Services index in Cheyenne is 96.
The Groceries index in Cheyenne is 107.
The Health index in Cheyenne is 93.
The Housing index in Cheyenne is 95.
The Transportation index in Cheyenne is 87.
The Utilities index in Cheyenne is 88.
| Living Expense | Cheyenne | Wyoming | National Average | |
|---|---|---|---|---|
| Overall | 97 | 92 | 100 | |
| Services | 96 | 98 | 100 | |
| Groceries | 107 | 102 | 100 | |
| Health | 93 | 97 | 100 | |
| Housing | 95 | 80 | 100 | |
| Transportation | 87 | 94 | 100 | |
| Utilities | 88 | 84 | 100 | |
Cheyenne, WY Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Cheyenne is $241,100.
The Median Rent in Cheyenne is $907.
The Median Income in Cheyenne is $70,705.
The Home Value To Income in Cheyenne is 3.4x.
The Rent To Monthly Income in Cheyenne is 0.15x.
| Statistic | Cheyenne | Wyoming | United States |
|---|---|---|---|
| Median Home Value | $241,100 | $237,900 | $244,900 |
| Median Rent | $907 | $878 | $1,163 |
| Median Income | $70,705 | $68,002 | $69,021 |
| Home Value To Income | 3.4x | 3.5x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Cheyenne, WY Costs By Category
Detailed Cheyenne Services Costs Vs. Wyoming
Detailed Cheyenne Groceries Costs Vs. Wyoming
Detailed Cheyenne Health Costs Vs. Wyoming
Detailed Cheyenne Transportation Costs Vs. Wyoming
Detailed Cheyenne Utilities Costs Vs. Wyoming
Cheyenne SnackAbility
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Cost Of Living In Cities Around Cheyenne
The cost of living varies in the cities and towns around Cheyenne. Here's a quick look at the cost of living in the most populous nearby places:
Fort Collins, CO has a cost of living index of 113, 1.2x Cheyenne.
Windsor, CO has a cost of living index of 115, 1.2x Cheyenne.
Laramie, WY has a cost of living index of 98, 1.0x Cheyenne.
| City | Population | Cost Of Living | Vs. Cheyenne |
|---|---|---|---|
| Fort Collins, CO | 166,788 | 113 | 1.2x |
| Windsor, CO | 31,972 | 115 | 1.2x |
| Laramie, WY | 31,501 | 98 | 1.0x |
| Wellington, CO | 10,769 | 104 | 1.1x |
| Ranchettes, WY | 6,179 | 119 | 1.2x |
