Cost of Living in Casper, WY

Population 58,754 · Wyoming · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Casper cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $251,000, rents near $964 a month.

Casper lies roughly 170 miles northwest of the nearest major metro, Fort Collins — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 54% lower than Fort Collins' $548,000.

Cost Overview

Housing 82
Rent 73

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Casper

The median home value in Casper is $250,700 — 18% below the national median of $305,000. Median rent runs $964/month, 27% lower than the national median of $1,314/month. The median household income of $69,171/year is 7% lower than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. Wyoming charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 59.7°F and lows of 31.5°F, with about 71.8" of annual snowfall. Overall, Casper has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$250,700
18% below avg
Zillow Home Value
$301,891
Zillow ZHVI
Median Rent
$964/mo
27% below avg
Zillow Rent
$1,223/mo
Zillow ZORI
Price-to-Rent Ratio
21.7x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$746
1 BR
$770
2 BR
$979
3 BR
$1,307
4 BR
$1,615
Owner-occupied 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$964
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,578/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.0 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.5%

Commute Mode

Drove alone
78.9%
Carpooled
8.2%
Public transit
0.9%
Walked
1.7%
Bicycle
0.3%
Work from home
9.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 5.3%
State rate 4.0%
Avg local rate 1.3%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$69,171
7% below avg
Per Capita Income
$41,460
Unemployment Rate
3.9%
19% below avg
Poverty Rate
11.2%
Labor Force Participation
67.4%

🎓 Education

Bachelor's degree+ 18.5%
Graduate degree 11.5%

👥 Demographics

Median Age 37
Male median age 36
Female median age 38.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
31.5°F
Annual Precip
12.2"
Annual Snowfall
71.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353849566780898776604635
Low °F 151523283745535142312215
Precip" 0.490.560.841.412.211.341.190.790.951.190.640.61
Snow" 9.010.910.310.52.60.10.00.01.57.08.911.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
94.2%
Good air days/yr
102
Max AQI recorded
23
PM2.5 days
338
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

81%
4-Year Graduation Rate
14.7:1
Student-teacher ratio
28
Public schools
13,330
Total enrollment

Frequently Asked Questions

What is the cost of living in Casper, WY?

Casper has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Casper, WY?

The median gross rent in Casper is $964 per month based on 2023 Census data.

What is the average home price in Casper?

The median home value in Casper is $250,700 according to Zillow and Census data.

What is the median income in Casper?

The median household income in Casper is $69,171 per year (2023 ACS 5-year estimates).

What is the sales tax in Casper, WY?

The combined state and local sales tax rate in Casper is 5.3%. Wyoming has no state income tax.

Is Casper, WY affordable?

Yes, Casper is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Casper?

Casper has average high temperatures of 59.7°F and average lows of 31.5°F. Annual precipitation is 12.2". Average annual snowfall is 71.8". Data from NOAA 1991–2020 Climate Normals.

Casper at a Glance

Population
58,754
Median Income
$69,171
Home Value
$250,700
Median Rent
$964/mo
Unemployment
3.9%
Avg High Temp
59.7°F
Sales Tax
5.3%
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