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Cost of Living in Carbon County, WY

Population 14,463 · Census ACS 2020–2024 5-year estimates

Median rent$842
Median home value$222,700
Median household income$70,511

The median rent in Carbon County, WY is $842/month, 15% lower than the Wyoming median and 40% lower than the U.S. median. The median home value is $222,700, 33% lower than the national median. Households earn a median of $70,511 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 14.3%
Income needed for median rent (30% rule): $33,680/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,126/mo

Run your own numbers: mortgage calculator · hourly to salary

Carbon County vs. Wyoming vs. U.S.

Carbon CountyWyomingU.S.
Median rent$842$992$1,413
Median home value$222,700$309,700$332,700
Median household income$70,511$76,176$80,734
Homeownership rate76.3%71.8%65.2%
Bachelor's degree or higher24.4%30.6%35.7%
Poverty rate12.2%10.5%12.5%
Unemployment rate5.0%3.7%5.2%
Work from home6.7%9.4%15.1%
Median age40.639.138.9

FAQ

What is the average rent in Carbon County, WY?

The median gross rent in Carbon County, WY is $842 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,680 a year in gross income.

Is Carbon County, WY expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 3.2 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 $64,904Albany County, WYRent $931 · Income $61,917

Counties with a similar cost of living

Ripley County, INRent $839 · Income $70,573Freeborn County, MNRent $849 · Income $71,023Logan County, OHRent $845 · Income $71,551Jasper County, IARent $836 · Income $71,311Henry County, ILRent $842 · Income $71,911Yates County, NYRent $834 · Income $69,701

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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