Americans love Wyoming! And why wouldn’t you? From a top-rated college town to a thriving art culture, the Equality State has got it all.
The median home value for Wyoming is $334,782. For a rich cultural experience, Cheyenne and Laramie City are some of the best places to live.
People are attracted to move here because of the expanding economy, accessible housing, and high-quality education. Also, the state’s cost of living is 7% lower than the national average. Let’s explore the best places to live in Wyoming.
3 Reasons to Live in Wyoming 🦬
- Quality Education: The University of Wyoming is the flagship institution of the state and is located in Laramie.
- Excellent Job Opportunities: Between Q3 2022 and Q3 2023, the state experienced a 2.2% increase in total employment. This adds up 6,212 jobs, and a 4.7% increase in total payroll, which rose by $186.4 million.
- No Income Tax: Wyoming does not charge income tax.
Best Places to Live in Wyoming
| # | City | Population | Median Home Price | Monthly Expenses | Unemployment Rate | Community Well-Being Score |
|---|---|---|---|---|---|---|
| 1. | Cheyenne | 64,795 | $330,000 | $8,328 | 2.6% | 58/100 |
| 2. | Casper | 58,631 | $295,000 | $8,045 | 2.7% | 57/100 |
| 3. | Laramie | 31,735 | $311,900 | $8,328 | 2.1% | 58/100 |
| 4. | Sheridan | 18,807 | $394,893 | $8,460 | 2.6% | 64/100 |
| 5. | Cody | 10,081 | $467,082 | $8,455 | 2.9% | 62/100 |
| 6. | Rock Springs | 23,361 | $298,500 | $8,323 | 2.9% | 52/100 |
| 7. | Riverton | 10,733 | $153,000 | $8,171 | 2.7% | 61/100 |
1. Cheyenne: Best Places in Wyoming to Live
| Home Value | ⬆️ 1.8% |
| Median Income | $74,989 |
| Monthly Expenses | $8,328 |
| Unemployment Rate | 2.6% |
| Community Well-Being Score | 58/100 |
The median home price in Cheyenne has gone up by 1.8% as compared to last year. The crime rate in the city is 15.3%, lower than the national rate of 22.7%. The cost of living Cheyenne is 4% lower than the national average.
Cheyenne is home to several employers like Lunavi, Great Lakes Airlines and Taco John’s. The city has tourists spots like Cheyenne Botanic Gardens and Historic Cheyenne Frontier Days Museum.
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2. Casper: Safest Places to Live In Wyoming
| Home Value | ⬆️ 4.4% |
| Median Income | $67,011 |
| Monthly Expenses | $8,045 |
| Unemployment Rate | 2.7% |
| Community Well-Being Score | 57/100 |
Casper is the second-largest city in Wyoming state with a median home price is $136,095, lower than the US average. The cost of living in this city is 10% lower than the national average.
The crime rate in the city is 11.2%. Apart from this, the city is home to Casper College which makes it best places to live in Wyoming for young adults. Casper also offers attractions like Garden Creek Falls and Casper Mountain for outdoor enthusiasts.
» Homes For Sale in Casper, WY: Find your dream home online in largest cities in Wyoming.
3. Laramie: Affordable Places to Live In Wyoming
| Home Value | ⬆️ 1.4% |
| Median Income | $50,539 |
| Monthly Expenses | $8,328 |
| Unemployment Rate | 2.1% |
| Community Well-Being Score | 58/100 |
Laramie is one of the best city to live in Wyoming with a median home price is $311,900. The cost of living is 7% lower than the national average.
The Albany County School District is one of the top schools in the city. These education opportunities make this city the best for families. Additionally, Laramie is located near the Medicine Bow National Forest, which offers a range of outdoor recreation opportunities.
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4. Sheridan: Live in One of the Vibrant City in State
| Home Value | ⬆️ 0.0% |
| Median Income | $57,667 |
| Monthly Expenses | $8,460 |
| Unemployment Rate | 2.6% |
| Community Well-Being Score | 64/100 |
Sheridan also knows as “The Emerald City” and is famous for its beautiful landscapes, rich history, and vibrant community. The median home price in Sheridan is $17,202 lesser than the national average.
The city is home to several historic sites, such as Trail End State Historic Site and the Bradford Brinton Memorial Museum. In addition, Sheridan City hosts a variety of cultural events throughout the year, including art shows, music festivals, and rodeos.
» Homes For Sale in Sheridan, WY: Find your dream home in Sheridan.
5. Cody: Best Places to Live in Wyoming for Retirees
| Home Value | ⬆️ 8.1% |
| Median Income | $67,764 |
| Monthly Expenses | $8,455 |
| Unemployment Rate | 2.9% |
| Community Well-Being Score | 62/100 |
The median home price in Cody is $467,082. The average rent for a 944 sq. ft. apartment in the city is $685. The cost of living in Cody is just 0.9% higher than the national average. Additionally, the healthcare costs in the city is also affordable and has rating of A+.
Cody boasts a beautiful location and a peaceful atmosphere, which many retirees seek. The city has tourist spot known as the Rodeo Capital of the World, with rodeos held almost every night during summer.
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6. Rock Springs: One of the Best City for Young Professionals
| Home Value | ⬆️ 4.4% |
| Median Income | $75,863 |
| Monthly Expenses | $8,323 |
| Unemployment Rate | 2.9% |
| Community Well-Being Score | 52/100 |
The median home price in Rock Springs is $298,500. The city’s cost of living is 3.6% less than the state average. Also, the city is home to some of the top companies like Halliburton Energy Services, Memorial Hospital of Sweetwater County, and Genesis Alkali.
Rock Springs is a top city in Wyoming known for natural beauty and culture. Residents can explore ancient Native American carvings at nearby White Mountain Petroglyphs to learn about local history.
» Homes For Sale in Rock Springs, WY: Find properties in best places to live in Wyoming.
7. Riverton: One of the Best City for Job Seekers
| Home Value | ⬆️ 5.1% |
| Median Income | $50,861 |
| Monthly Expenses | $8,171 |
| Unemployment Rate | 2.7% |
| Community Well-Being Score | 61/100 |
Riverton is a city located in Fremont County. The median home price in this city is $153,000. The cost of living in the city is 7.6% lower than the national average. Moreover, the city has average rent of $874.
The city has a renowned educational institution such as Central Wyoming College. Riverton has a population of 86.7% above the poverty line and has good employment opportunities like Liveops, State Farms and Ford Motor Company.
» Homes For Sale in Riverton, WY: Find your dream home on Houzeo in the best places to live in Wyoming.
Bottom Line
Wyoming is one of the best places to live in the US due to its affordable cost of living. Other things that contribute are its low crime rate and excellent life quality.
The Big Wyoming State’s current population is 586,485 and it’s projected to grow more in coming years. Moreover, it is ranked 12th in the best infrastructure in the country.
In some cities, the median home price is around $153,000, whereas in cities like Riverton, it can go up to $467,082. So, you must do your research before you move to Wyoming. To start your home search, browse properties online.
» Free Home Value Estimator: Get an estimate of property values with Wyoming’s most accurate home value estimator.
Browse Homes For Sale in Wyoming by Price and Type
Research Methodology
We considered North, Central, and South regions to rank the best places in Wyoming. Comparison criteria for the best cities to live in Wyoming and the information sources are as follows:
- Population: Wyoming Demographics Report[1]
- Median Home Price: Zillow[2] and Redfin[3]
- Median Household Income: United States Census Bureau[4]
- Monthly Expenses: Economic Policy Institute[5]
- Unemployment Rate: US Bureau of Labor Statistics[6]
- Community Well-Being Score: Community Well-Being Index by Sharecare[7]
Additionally, we have listed the good cities to live in Wyoming for varying demographics. These include the best places to live for families, young adults, retirees, and working professionals.
Frequently Asked Questions
Which best cities in Wyoming to retire?
Cody is the best city in Wyoming for retirees. The city also, offers outdoor activities like fishing. Apart from this, there are cultural attractions like the Buffalo Bill Center of the West makes it a attractive place to live.
How many people live in Wyoming?
As per the United States Census Bureau in 2024, the estimated population of Wyoming is around 586,485 people. The most populated counties in the state of Wyoming are Laramie county and Natrona county with respective populations of 98,327 and 79,547.
Which is the best city in Wyoming?
Cheyenne is one of the best cities in Wyoming due to its affordable cost of living and places to visit in Cheyenne.
Which is the cheapest place to live in Wyoming?
Rawlins cheapest place to live in Wyoming State. It offers affordable healthcare, which is 6.9% lower than the national average.
