Cost of living in Rock Springs 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 Rock Springs 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 Rock Springs is 101, with 100 being the average.
The cost of living index in Rock Springs is 1.0x higher than the national average.
Rock Springs ranks as the #14 cheapest in Wyoming out of 18.
Rock Springs ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Rock Springs is $218,400.
The median income in Rock Springs is $74,548.
According to the most recent data on the cost of living, Rock Springs has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Wyoming, Rock Springs has a cost of living index that's 1.1x higher than Wyoming's index of 92.
The standard of living in Rock Springs ranks as #14 most affordable out of the 18 places we measured in Wyoming. By definition, that implies Rock Springs ranks as the #4 most expensive place in the Equality State.
For more reading on life in Rock Springs, check out:
Six factors go into calculating the cost of living index in Rock Springs. Here is how it fairs on each of the criteria:
The Services index in Rock Springs is 95.
The Groceries index in Rock Springs is 90.
The Health index in Rock Springs is 92.
The Housing index in Rock Springs is 105.
The Transportation index in Rock Springs is 106.
The Utilities index in Rock Springs is 90.
Living Expense | Rock Springs | Wyoming | National Average | |
---|---|---|---|---|
Overall | 101 | 92 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 90 | 102 | 100 | |
Health | 92 | 97 | 100 | |
Housing | 105 | 80 | 100 | |
Transportation | 106 | 94 | 100 | |
Utilities | 90 | 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 Rock Springs is $218,400.
The Median Rent in Rock Springs is $875.
The Median Income in Rock Springs is $74,548.
The Home Value To Income in Rock Springs is 2.9x.
The Rent To Monthly Income in Rock Springs is 0.14x.
Statistic | Rock Springs | Wyoming | United States |
---|---|---|---|
Median Home Value | $218,400 | $237,900 | $244,900 |
Median Rent | $875 | $878 | $1,163 |
Median Income | $74,548 | $68,002 | $69,021 |
Home Value To Income | 2.9x | 3.5x | 3.5x |
Rent To Monthly Income | 0.14x | 0.15x | 0.2x |
Item | Rock Springs | Wyoming |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $10.61 | $10.68 |
Bowling | $13.17 | $14.67 |
Haircut | $22.72 | $18.62 |
Beauty Salon | $31.68 | $39.05 |
Item | Rock Springs | Wyoming |
---|---|---|
Ground Beef | $4.0 | $4.22 |
Fried Chicken | $1.15 | $1.39 |
Milk | $1.49 | $2.05 |
Potatoes | $2.0 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $9.29 | $9.38 |
Toothpaste | $2.14 | $2.34 |
Item | Rock Springs | Wyoming |
---|---|---|
Optometrist | $109.0 | $108.57 |
Doctor | $97.9 | $116.17 |
Dentist | $88.78 | $99.13 |
Item | Rock Springs | Wyoming |
---|---|---|
Gasoline | $2.46 | $2.22 |
Tire Balancing | $50.97 | $50.07 |
Item | Rock Springs | Wyoming |
---|---|---|
All Electricity | $132.9 | $167.67 |
Phone | $187.21 | $175.64 |
The cost of living varies in the cities and towns around Rock Springs. Here's a quick look at the cost of living in the most populous nearby places:
Green River, WY has a cost of living index of 99, 1.0x Rock Springs.
City | Population | Cost Of Living | Vs. Rock Springs |
---|---|---|---|
Green River, WY | 11,887 | 99 | 1.0x |