MyNeighborhood

Can you afford to live in Cheyenne?

Median household income, home values and rent in Cheyenne, WY — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Cheyenne.

Median household income: $77,176 — +32.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,035/mo — +31.0% since 2015

Median home value, 2015 to 2023

  • 2015: 182900
  • 2023: 311200

Median household income

  • Cheyenne: 77176
  • Laramie County: 77884
  • WY: 74815
  • U.S.: 78538

Median gross rent

  • Cheyenne: 1035
  • Laramie County: 1080
  • WY: 968
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.3% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($77,176 versus $78,538).

The typical renter here spends 29.3% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+32.6% versus +31.0%), before adjusting for inflation.

Sources

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