Cost of Living in Cheyenne, WY
Population: 64,976 • 2026 Data
$77,176
Median Household Income
+0% vs national
$1,035
Median Monthly Rent
-23% vs national
$311,200
Median Home Value
-8% vs national
3.0%
Unemployment Rate
Housing in Cheyenne
The median home value in Cheyenne, WY is $311,200. Monthly rent for a typical unit averages $1,035, while total monthly housing costs (including utilities and insurance) average $1,276.
Rent-to-income ratio: 16.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Cheyenne, WY is $77,176. The unemployment rate stands at 3.0%, with a labor force of 35,659 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.