Cost of Living in Cody, WY
Population 10,121 · Wyoming · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Cody a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $357,000. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.
Located 90 miles south of Billings, Cody is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 15% higher than Billings' $312,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cody
The median home value in Cody is $357,300 — 17% above the national median of $305,000. Median rent runs $1,039/month, 21% lower than the national median of $1,314/month. The median household income of $68,676/year is 8% lower than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Wyoming charges no state income tax, a meaningful advantage for take-home pay. Overall, Cody has a cost of living index of 102 versus the US average of 100, meaning it is 2% more 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 Cody, WY?
Cody has a cost index of 102 (100 = national average). It is 2% above the national average.
What is average rent in Cody, WY?
The median gross rent in Cody is $1,039 per month based on 2023 Census data.
What is the average home price in Cody?
The median home value in Cody is $357,300 according to Zillow and Census data.
What is the median income in Cody?
The median household income in Cody is $68,676 per year (2023 ACS 5-year estimates).
What is the sales tax in Cody, WY?
The combined state and local sales tax rate in Cody is 5.3%. Wyoming has no state income tax.
Is Cody, WY affordable?
Cody is near the national average in terms of cost of living, with an index of 102 (100 = US average).
Cody at a Glance
- Population
- 10,121
- Median Income
- $68,676
- Home Value
- $357,300
- Median Rent
- $1,039/mo
- Unemployment
- 2.8%
- Sales Tax
- 5.3%
Nearby Cities
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Wyoming Rankings
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