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Living in Wyoming ยท 2026

Is $150,000 enough to live in Wyoming?

Single adult ยท WY ยท 2026 tax brackets ยท Real cost-of-living data

Statewide verdict:Very comfortable

Monthly take-home

$9,468

Avg monthly expenses

$1,876

Avg monthly surplus

$7,592

Savings potential

~80%

After-tax take-home in Wyoming

Gross salary$150,000
Federal income taxโˆ’ $24,914
State income taxโˆ’ $0
Social Securityโˆ’ $9,300
Medicareโˆ’ $2,175
Annual take-home$113,611
Effective tax rate24.26%

How $150,000 feels in Wyoming cities

Rent: HUD FMR 2026 ยท Food: USDA Low-Cost Plan ร— COL ยท Transport/Utilities/Healthcare: BLS CES ร— COL

Cheyenne

COL index: 0.91ร— national avg

Very comfortable
Rent (1BR)
$1,050
Food
$405
Transport
$159
Utilities
$150
Healthcare
$182
Total: $1,946/mo
Surplus: $7,522/mo
Rent burden: 11.1% โ€” Affordable (< 25%)
Full Cheyenne analysis โ†’

Casper

COL index: 0.88ร— national avg

Very comfortable
Rent (1BR)
$1,000
Food
$396
Transport
$154
Utilities
$145
Healthcare
$176
Total: $1,871/mo
Surplus: $7,597/mo
Rent burden: 10.6% โ€” Affordable (< 25%)
Full Casper analysis โ†’

Laramie

COL index: 0.85ร— national avg

Very comfortable
Rent (1BR)
$950
Food
$405
Transport
$149
Utilities
$140
Healthcare
$170
Total: $1,814/mo
Surplus: $7,654/mo
Rent burden: 10.0% โ€” Affordable (< 25%)
Full Laramie analysis โ†’

Gillette

COL index: 0.91ร— national avg

Very comfortable
Rent (1BR)
$1,050
Food
$405
Transport
$159
Utilities
$150
Healthcare
$182
Total: $1,946/mo
Surplus: $7,522/mo
Rent burden: 11.1% โ€” Affordable (< 25%)
Full Gillette analysis โ†’

Rock Springs

COL index: 0.88ร— national avg

Very comfortable
Rent (1BR)
$1,000
Food
$396
Transport
$154
Utilities
$145
Healthcare
$176
Total: $1,871/mo
Surplus: $7,597/mo
Rent burden: 10.6% โ€” Affordable (< 25%)
Full Rock Springs analysis โ†’

Sheridan

COL index: 0.85ร— national avg

Very comfortable
Rent (1BR)
$950
Food
$396
Transport
$149
Utilities
$140
Healthcare
$170
Total: $1,805/mo
Surplus: $7,663/mo
Rent burden: 10.0% โ€” Affordable (< 25%)
Full Sheridan analysis โ†’

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $9,468 ($113,616/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$4,734

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$2,840

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$1,894

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$56,808

Wants / year

$34,085

Savings / year

$22,723

Salary Intelligence

Excellent salary in Cheyenne

At $150,000, housing costs only 11% of take-home income โ€” well below the 25% threshold. This leaves strong room for savings, discretionary spending, and wealth building.

Lifestyle score: 8.4/10 (Very Good)

Lifestyle Assessment

A $150,000 salary comfortably supports a very good single lifestyle in Cheyenne, Wyoming, with approximately $7,522/month (~79% of take-home) available for savings โ€” meeting or exceeding the recommended 20% savings rate.

Purchasing Power

Cheyenne is near the national cost-of-living average (index: 0.91). $150,000 here is roughly equivalent to $304,945 in San Francisco or $145,055 in an affordable city like Birmingham.

State & National Benchmark

$150,000 is 257% above the Wyoming individual median of $42,000 and 168% above the US national individual median of $56,000. This is a top-quartile income in this state.

State individual median

$42,000

+257%

State household median

$72,509

+107%

Tax reduction strategies

Maximize 401(k) Contributions โ€” Up to $5,170 in federal tax (22% bracket)
401(k) Age 50+ Catch-Up Contribution โ€” Up to $2,775 additional tax savings (37% bracket)

$150,000 vs. Wyoming income benchmarks

Individual median (Wyoming)

$42,000

+257% vs. this salary

Household median (Wyoming)

$72,509

+107% vs. this salary

Source: US Census Bureau ACS 2023

Related salary insights

Explore other salary levels in Wyoming

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Reviewed by

Finance Editor

CPA, 10+ years in personal finance

Data Sources

Data updated monthly using government datasets.