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Cost of Living in Albany County, WY

Population 38,249 · Census ACS 2020–2024 5-year estimates

Median rent$931
Median home value$333,000
Median household income$61,917

The median rent in Albany County, WY is $931/month, 6% lower than the Wyoming median and 34% lower than the U.S. median. The median home value is $333,000, about the same as the national median. Households earn a median of $61,917 a year, 19% lower than the state median.

Affordability

Rent as a share of median income: 18.0%
Income needed for median rent (30% rule): $37,240/yr
Home price-to-income ratio: 5.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,684/mo

Run your own numbers: mortgage calculator · hourly to salary

Albany County vs. Wyoming vs. U.S.

Albany CountyWyomingU.S.
Median rent$931$992$1,413
Median home value$333,000$309,700$332,700
Median household income$61,917$76,176$80,734
Homeownership rate50.0%71.8%65.2%
Bachelor's degree or higher55.0%30.6%35.7%
Poverty rate20.9%10.5%12.5%
Unemployment rate3.7%3.7%5.2%
Work from home11.1%9.4%15.1%
Median age28.639.138.9

FAQ

What is the average rent in Albany County, WY?

The median gross rent in Albany County, WY is $931 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Albany County, WY?

Using the common 30% rule, renting a median-priced home takes about $37,240 a year in gross income.

Is Albany County, WY expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 5.4 times the median household income.

Other counties in Wyoming

Laramie County, WYRent $1,160 · Income $80,173Natrona County, WYRent $1,016 · Income $72,156Campbell County, WYRent $1,009 · Income $89,869Sweetwater County, WYRent $911 · Income $75,034Fremont County, WYRent $898 · Income $64,904Sheridan County, WYRent $939 · Income $71,388

Counties with a similar cost of living

Lucas County, OHRent $934 · Income $62,224Moore County, TXRent $939 · Income $61,762Creek County, OKRent $936 · Income $62,338Cherokee County, TXRent $933 · Income $61,261Stone County, MSRent $936 · Income $61,413Ford County, ILRent $923 · Income $62,439

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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