Cost of Living in Torrington, WY
Population 6,174 · Wyoming · Data vintage 2023
(100 = US avg)
Torrington sits on the smaller end of the Wyoming city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Torrington lies roughly 115 miles northeast of the nearest major metro, Fort Collins. Median home values run roughly 65% lower than Fort Collins' $548,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Torrington
The median home value in Torrington is $194,100 — 36% below the national median of $305,000. Median rent runs $816/month, 38% lower than the national median of $1,314/month. The median household income of $53,393/year is 28% lower than the US median of $74,580. The local unemployment rate is 5.0%, 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 63.9°F and lows of 34.4°F. Overall, Torrington has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.
Torrington 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 42 | 44 | 54 | 61 | 70 | 83 | 90 | 88 | 79 | 64 | 51 | 41 |
| Low °F | 16 | 17 | 25 | 32 | 42 | 52 | 58 | 56 | 45 | 33 | 22 | 15 |
| Precip" | 0.23 | 0.29 | 0.66 | 1.61 | 2.53 | 2.12 | 1.73 | 0.97 | 1.10 | 1.09 | 0.26 | 0.23 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Torrington, WY?
Torrington has a cost index of 63 (100 = national average). It is 37% below the national average.
What is average rent in Torrington, WY?
The median gross rent in Torrington is $816 per month based on 2023 Census data.
What is the average home price in Torrington?
The median home value in Torrington is $194,100 according to Zillow and Census data.
What is the median income in Torrington?
The median household income in Torrington is $53,393 per year (2023 ACS 5-year estimates).
What is the sales tax in Torrington, WY?
The combined state and local sales tax rate in Torrington is 5.3%. Wyoming has no state income tax.
Is Torrington, WY affordable?
Yes, Torrington is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.
What is the weather like in Torrington?
Torrington has average high temperatures of 63.9°F and average lows of 34.4°F. Annual precipitation is 12.8". Data from NOAA 1991–2020 Climate Normals.
Torrington at a Glance
- Population
- 6,174
- Median Income
- $53,393
- Home Value
- $194,100
- Median Rent
- $816/mo
- Unemployment
- 5.0%
- Avg High Temp
- 63.9°F
- Sales Tax
- 5.3%
Nearby Cities
Explore county-level cost of living data
Wyoming Rankings
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