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Living in Wyoming ยท 2026

Is $250,000 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

$15,279

Avg monthly expenses

$1,876

Avg monthly surplus

$13,403

Savings potential

~88%

After-tax take-home in Wyoming

Gross salary$250,000
Federal income taxโˆ’ $51,378
State income taxโˆ’ $0
Social Securityโˆ’ $11,203
Medicareโˆ’ $4,075
Annual take-home$183,344
Effective tax rate26.66%

How $250,000 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: $13,333/mo
Rent burden: 6.9% 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: $13,408/mo
Rent burden: 6.5% 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: $13,465/mo
Rent burden: 6.2% 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: $13,333/mo
Rent burden: 6.9% 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: $13,408/mo
Rent burden: 6.5% 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: $13,474/mo
Rent burden: 6.2% โ€” Affordable (< 25%)
Full Sheridan analysis โ†’

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $15,279 ($183,348/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$7,640

per month

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

$4,584

per month

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

$3,056

per month

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

Needs / year

$91,674

Wants / year

$55,004

Savings / year

$36,670

Salary Intelligence

Excellent salary in Cheyenne

At $250,000, housing costs only 7% of take-home income โ€” well below the 25% threshold. This leaves strong room for savings, discretionary spending, and wealth building.

Lifestyle score: 8.7/10 (Excellent)

Lifestyle Assessment

A $250,000 salary comfortably supports a excellent single lifestyle in Cheyenne, Wyoming, with approximately $13,333/month (~87% 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). $250,000 here is roughly equivalent to $508,242 in San Francisco or $241,758 in an affordable city like Birmingham.

State & National Benchmark

$250,000 is 495% above the Wyoming individual median of $42,000 and 346% above the US national individual median of $56,000. This is a top-quartile income in this state.

State individual median

$42,000

+495%

State household median

$72,509

+245%

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)

$250,000 vs. Wyoming income benchmarks

Individual median (Wyoming)

$42,000

+495% vs. this salary

Household median (Wyoming)

$72,509

+245% 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.