Cost of Living: Cheyenne, WY vs Laramie, WY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Cheyenne, WY versus $4,516/mo in Laramie, WY. In the model, rent is about 15.09% of gross in Cheyenne, WY versus 13.59% in Laramie, WY, so Laramie, WY tends to feel more affordable for rent.

Take-home in Cheyenne, WY
$4,516/mo
Income level: near
Take-home in Laramie, WY
$4,516/mo
Income level: above
Rent share (1BR) in Cheyenne, WY
15.09%
COLI tier: mid-range
Rent share (1BR) in Laramie, WY
13.59%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Cheyenne, WY and Laramie, WY.

At a glance

  • Cheaper overall (lower cost-of-living index): Laramie, WY
  • Lower rent (median 1BR/2BR): Laramie, WY
  • Lower home prices: Laramie, WY
  • Higher median household income: Cheyenne, WY

Cost of Living Index

Cheyenne, WY: 100 (U.S. = 100) · Laramie, WY: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Cheyenne, WY: $984/mo (midpoint of 1BR/2BR) · Laramie, WY: $887/mo

Median rent in Cheyenne, WY is $97/mo higher than in Laramie, WY.

Median Home Price

Cheyenne, WY: $311,200 · Laramie, WY: $302,200

Median home price in Cheyenne, WY is $9,000 higher than in Laramie, WY.

Median Household Income

Cheyenne, WY: $77,176 · Laramie, WY: $52,414

Cheyenne, WY has a higher median household income than Laramie, WY by $24,762.

Cheyenne, WY overview · Laramie, WY overview · Popular comparisons