Cost of Living in Riverton, WY
Population 10,803 · Wyoming · Data vintage 2023
(100 = US avg)
Riverton is a smaller Wyoming community of around 11000 residents, where median household incomes of $56,280 and housing costs ($205,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Riverton lies roughly 190 miles south of the nearest major metro, Billings — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 34% lower than Billings' $312,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Riverton
The median home value in Riverton is $204,900 — 33% below the national median of $305,000. Median rent runs $885/month, 33% lower than the national median of $1,314/month. The median household income of $56,280/year is 25% lower than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Wyoming charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 58.0°F and lows of 31.1°F. Overall, Riverton has a cost of living index of 67 versus the US average of 100, meaning it is 33% 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 | 31 | 36 | 49 | 57 | 67 | 79 | 88 | 86 | 74 | 58 | 43 | 31 |
| Low °F | 8 | 12 | 23 | 30 | 40 | 48 | 56 | 54 | 44 | 32 | 19 | 8 |
| Precip" | 0.29 | 0.40 | 0.65 | 1.20 | 1.92 | 0.94 | 0.54 | 0.42 | 0.77 | 0.83 | 0.34 | 0.26 |
💨 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 Riverton, WY?
Riverton has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Riverton, WY?
The median gross rent in Riverton is $885 per month based on 2023 Census data.
What is the average home price in Riverton?
The median home value in Riverton is $204,900 according to Zillow and Census data.
What is the median income in Riverton?
The median household income in Riverton is $56,280 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverton, WY?
The combined state and local sales tax rate in Riverton is 5.3%. Wyoming has no state income tax.
Is Riverton, WY affordable?
Yes, Riverton is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
What is the weather like in Riverton?
Riverton has average high temperatures of 58.0°F and average lows of 31.1°F. Annual precipitation is 8.6". Data from NOAA 1991–2020 Climate Normals.
Riverton at a Glance
- Population
- 10,803
- Median Income
- $56,280
- Home Value
- $204,900
- Median Rent
- $885/mo
- Unemployment
- 5.3%
- Avg High Temp
- 58.0°F
- Sales Tax
- 5.3%
Explore county-level cost of living data
Wyoming Rankings
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