Cost of Living in Cheyenne, WY
Population 64,976 · Wyoming · Data vintage 2023
(100 = US avg)
The Cheyenne cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $311,000, rents near $1,035 a month.
Located 45 miles northeast of Fort Collins, Cheyenne falls within that metro's commuting orbit. Median home values run roughly 43% lower than Fort Collins' $548,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cheyenne
The median home value in Cheyenne is $311,200 — 2% above the national median of $305,000. Median rent runs $1,035/month, 21% lower than the national median of $1,314/month. The median household income of $77,176/year is 3% higher than the US median of $74,580. The local unemployment rate is 3.1%, 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 59.2°F and lows of 34.6°F, with about 62.9" of annual snowfall. Overall, Cheyenne has a cost of living index of 93 versus the US average of 100, meaning it is 7% 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 41 | 49 | 55 | 64 | 77 | 84 | 82 | 73 | 59 | 48 | 39 |
| Low °F | 18 | 18 | 25 | 31 | 40 | 49 | 56 | 54 | 46 | 34 | 25 | 18 |
| Precip" | 0.35 | 0.52 | 0.96 | 1.79 | 2.44 | 2.16 | 2.11 | 1.52 | 1.47 | 1.00 | 0.61 | 0.48 |
| Snow" | 6.3 | 9.0 | 9.7 | 11.3 | 3.4 | 0.0 | 0.0 | 0.0 | 1.0 | 5.9 | 7.5 | 8.8 |
💨 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 Cheyenne, WY?
Cheyenne has a cost index of 93 (100 = national average). It is 7% below the national average.
What is average rent in Cheyenne, WY?
The median gross rent in Cheyenne is $1,035 per month based on 2023 Census data.
What is the average home price in Cheyenne?
The median home value in Cheyenne is $311,200 according to Zillow and Census data.
What is the median income in Cheyenne?
The median household income in Cheyenne is $77,176 per year (2023 ACS 5-year estimates).
What is the sales tax in Cheyenne, WY?
The combined state and local sales tax rate in Cheyenne is 5.3%. Wyoming has no state income tax.
Is Cheyenne, WY affordable?
Cheyenne is near the national average in terms of cost of living, with an index of 93 (100 = US average).
What is the weather like in Cheyenne?
Cheyenne has average high temperatures of 59.2°F and average lows of 34.6°F. Annual precipitation is 15.4". Average annual snowfall is 62.9". Data from NOAA 1991–2020 Climate Normals.
Cheyenne at a Glance
- Population
- 64,976
- Median Income
- $77,176
- Home Value
- $311,200
- Median Rent
- $1,035/mo
- Unemployment
- 3.1%
- Avg High Temp
- 59.2°F
- Sales Tax
- 5.3%
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Wyoming Rankings
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