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Cost of Living in Laramie County, WY

Population 101,060 · Census ACS 2020–2024 5-year estimates

Median rent$1,160
Median home value$348,700
Median household income$80,173

The median rent in Laramie County, WY is $1,160/month, 17% higher than the Wyoming median and 18% lower than the U.S. median. The median home value is $348,700, 5% higher than the national median. Households earn a median of $80,173 a year, 5% higher than the state median.

Affordability

Rent as a share of median income: 17.4%
Income needed for median rent (30% rule): $46,400/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,763/mo

Run your own numbers: mortgage calculator · hourly to salary

Laramie County vs. Wyoming vs. U.S.

Laramie CountyWyomingU.S.
Median rent$1,160$992$1,413
Median home value$348,700$309,700$332,700
Median household income$80,173$76,176$80,734
Homeownership rate70.6%71.8%65.2%
Bachelor's degree or higher33.1%30.6%35.7%
Poverty rate8.9%10.5%12.5%
Unemployment rate3.7%3.7%5.2%
Work from home9.1%9.4%15.1%
Median age38.539.138.9

FAQ

What is the average rent in Laramie County, WY?

The median gross rent in Laramie County, WY is $1,160 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $46,400 a year in gross income.

Is Laramie County, WY expensive to live in?

Rent there is 18% lower than the U.S. median, and the median home costs about 4.3 times the median household income.

Other counties in Wyoming

Natrona 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 $61,917Sheridan County, WYRent $939 · Income $71,388

Counties with a similar cost of living

Rockingham County, VARent $1,160 · Income $80,693Livingston Parish, LARent $1,151 · Income $80,122Waller County, TXRent $1,169 · Income $80,397Walworth County, WIRent $1,150 · Income $80,520Worcester County, MDRent $1,159 · Income $81,745Berks County, PARent $1,181 · Income $79,777

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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