Cost of Living in Wyoming, MN
Population 8,063 · Minnesota · Data vintage 2023
(100 = US avg)
Wyoming is a smaller Minnesota community of around 8000 residents, where median household incomes of $101,938 and housing costs ($329,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.
Geographically, Wyoming is about 30 miles north of St. Paul, the nearest large metro. Median home values run roughly 17% higher than St. Paul's $280,000.
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 $328,900 — 8% above the national median of $305,000. Median rent runs $1,117/month, 15% lower than the national median of $1,314/month. The median household income of $101,938/year is 37% higher than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Wyoming has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.
Wyoming has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
Frequently Asked Questions
What is the cost of living in Wyoming, MN?
Wyoming has a cost index of 99 (100 = national average). It is 1% below the national average.
What is average rent in Wyoming, MN?
The median gross rent in Wyoming is $1,117 per month based on 2023 Census data.
What is the average home price in Wyoming?
The median home value in Wyoming is $328,900 according to Zillow and Census data.
What is the median income in Wyoming?
The median household income in Wyoming is $101,938 per year (2023 ACS 5-year estimates).
What is the sales tax in Wyoming, MN?
The combined state and local sales tax rate in Wyoming is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Wyoming, MN affordable?
Wyoming is near the national average in terms of cost of living, with an index of 99 (100 = US average).
Wyoming at a Glance
- Population
- 8,063
- Median Income
- $101,938
- Home Value
- $328,900
- Median Rent
- $1,117/mo
- Unemployment
- 2.3%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs