Cost of living in Gillette 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 Gillette 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 Gillette is 102, with 100 being the average.
The cost of living index in Gillette is 1.0x higher than the national average.
Gillette ranks as the #16 cheapest in Wyoming out of 18.
Gillette ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Gillette is $224,000.
The median income in Gillette is $83,193.
According to the most recent data on the cost of living, Gillette has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Wyoming, Gillette has a cost of living index that's 1.1x higher than Wyoming's index of 92.
The standard of living in Gillette ranks as #16 most affordable out of the 18 places we measured in Wyoming. By definition, that implies Gillette ranks as the #2 most expensive place in the Equality State.
For more reading on life in Gillette, check out:
Six factors go into calculating the cost of living index in Gillette. Here is how it fairs on each of the criteria:
The Services index in Gillette is 108.
The Groceries index in Gillette is 102.
The Health index in Gillette is 100.
The Housing index in Gillette is 107.
The Transportation index in Gillette is 88.
The Utilities index in Gillette is 87.
Living Expense | Gillette | Wyoming | National Average | |
---|---|---|---|---|
Overall | 102 | 92 | 100 | |
Services | 108 | 98 | 100 | |
Groceries | 102 | 102 | 100 | |
Health | 100 | 97 | 100 | |
Housing | 107 | 80 | 100 | |
Transportation | 88 | 94 | 100 | |
Utilities | 87 | 84 | 100 |
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 Gillette is $224,000.
The Median Rent in Gillette is $836.
The Median Income in Gillette is $83,193.
The Home Value To Income in Gillette is 2.7x.
The Rent To Monthly Income in Gillette is 0.12x.
Statistic | Gillette | Wyoming | United States |
---|---|---|---|
Median Home Value | $224,000 | $237,900 | $244,900 |
Median Rent | $836 | $878 | $1,163 |
Median Income | $83,193 | $68,002 | $69,021 |
Home Value To Income | 2.7x | 3.5x | 3.5x |
Rent To Monthly Income | 0.12x | 0.15x | 0.2x |