Cost of Living in Wyoming — Housing, Taxes & Everyday Expenses
No income tax, outdoor paradise, energy wealth
Data: 2026-Q2 · BLS · HUD · KFFOverview
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.
Housing costs
Median 1BR rent in Cheyenne is approximately $1,000 and Casper approximately $900. Jackson Hole is extremely expensive as a resort destination.
Tax reality
Wyoming has no state income tax.
Wyoming has no state income tax — a meaningful boost to take-home pay versus high-tax states.
Everyday expenses
At a cost of living index of 95, Wyoming is about 5% cheaper than the national average of 100. Wyoming's no income tax and near-average costs provide strong purchasing power, especially for remote workers.
Salary reality in Wyoming
Cost of Living in Wyoming — FAQ
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.