Cost of Living in Wheatland, WY

Population 3,570 · Wyoming · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Wheatland a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $236,000.

Located 105 miles north of Fort Collins, Wheatland is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 57% lower than Fort Collins' $548,000.

Cost Overview

Housing 78
Rent 54

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

About the Cost of Living in Wheatland

The median home value in Wheatland is $236,400 — 22% below the national median of $305,000. Median rent runs $707/month, 46% lower than the national median of $1,314/month. The median household income of $55,908/year is 25% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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 63.9°F and lows of 34.4°F. Overall, Wheatland has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$236,400
22% below avg
Zillow Home Value
$548,753
Zillow ZHVI
Median Rent
$707/mo
46% below avg
Price-to-Rent Ratio
27.9x
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 59.1%
Renter-occupied 40.9%

💰 Estimated Monthly Budget

Rent median rent
$707
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,321/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
13.5 min
50% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.1%

Commute Mode

Drove alone
87.7%
Carpooled
8.1%
Walked
4.1%
Work from home
0.1%

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
$55,908
25% below avg
Per Capita Income
$35,853
Unemployment Rate
3.5%
28% below avg
Poverty Rate
9.1%
Labor Force Participation
58.1%

🎓 Education

Bachelor's degree+ 9.5%
Graduate degree 6.9%

👥 Demographics

Median Age 41.4
Male median age 32
Female median age 44.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.9°F
Avg Low
34.4°F
Annual Precip
12.8"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424454617083908879645141
Low °F 161725324252585645332215
Precip" 0.230.290.661.612.532.121.730.971.101.090.260.23

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 14 — Good
91.8%
Good air days/yr
320
Max AQI recorded
0
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77%
4-Year Graduation Rate
9.5:1
Student-teacher ratio
11
Public schools
997
Total enrollment

Frequently Asked Questions

What is the cost of living in Wheatland, WY?

Wheatland has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Wheatland, WY?

The median gross rent in Wheatland is $707 per month based on 2023 Census data.

What is the average home price in Wheatland?

The median home value in Wheatland is $236,400 according to Zillow and Census data.

What is the median income in Wheatland?

The median household income in Wheatland is $55,908 per year (2023 ACS 5-year estimates).

What is the sales tax in Wheatland, WY?

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

Is Wheatland, WY affordable?

Yes, Wheatland is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

What is the weather like in Wheatland?

Wheatland 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.

Wheatland at a Glance

Population
3,570
Median Income
$55,908
Home Value
$236,400
Median Rent
$707/mo
Unemployment
3.5%
Avg High Temp
63.9°F
Sales Tax
5.3%
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