Cost of Living in Wyoming, MI
Population 76,865 · Michigan · Data vintage 2023
(100 = US avg)
Housing costs in Wyoming stay well under national norms: a median home value of $204,000 against median household incomes of $72,163 gives the city one of the more comfortable price-to-income ratios in Michigan.
Geographically, Wyoming sits roughly 6 miles southwest of Grand Rapids. Median home values run roughly 10% lower than Grand Rapids' $226,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wyoming
The median home value in Wyoming is $203,900 — 33% below the national median of $305,000. Median rent runs $1,141/month, 13% lower than the national median of $1,314/month. The median household income of $72,163/year is 3% lower than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Wyoming has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Wyoming, MI?
Wyoming has a cost index of 75 (100 = national average). It is 25% below the national average.
What is average rent in Wyoming, MI?
The median gross rent in Wyoming is $1,141 per month based on 2023 Census data.
What is the average home price in Wyoming?
The median home value in Wyoming is $203,900 according to Zillow and Census data.
What is the median income in Wyoming?
The median household income in Wyoming is $72,163 per year (2023 ACS 5-year estimates).
What is the sales tax in Wyoming, MI?
The combined state and local sales tax rate in Wyoming is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Wyoming, MI affordable?
Yes, Wyoming is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.
Wyoming at a Glance
- Population
- 76,865
- Median Income
- $72,163
- Home Value
- $203,900
- Median Rent
- $1,141/mo
- Unemployment
- 4.1%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
Similar Cost Cities
Cities in other states with comparable housing costs