doxoINSIGHTS » Wyoming » Cost of Living in Wyoming: Cities Where Household Expenses are Highest and Lowest in 2025

Cost of Living in Wyoming: Cities Where Household Expenses are Highest and Lowest in 2025

Wyoming

What is the cost of living in Wyoming? doxo breaks down key insights about Wyoming’s household expenses, with a close look into how bills differ between towns and cities across the state. 

According to doxo’s The Cost of Bills Index™ (COBI), the median household in Wyoming pays $1,725 in monthly expenses. doxoINSIGHTS compares the cost of the ten most common household bills across different regions. This includes Utilities, Cable & Internet, Mobile Phone, Auto Loans, Auto Insurance, Life Insurance, Health Insurance, Alarm & Security, Rent, and Mortgage.

The data sheds light on Wyoming’s cost of living through other metrics as well. For example, the “percent of household income” data point shows what percentage of their household income residents spend on bills each month. 

By leveraging these tools, residents can gain a clearer understanding of their household expenses and optimize their financial planning.

Wyoming ranks as the 33rd most expensive state in the US for household bills

According to doxo’s COBI report, Wyoming is ranked as the 33rd most expensive state in the U.S. for household bills.

At $20,700 per year, Wyoming’s household expenses, on average, are 16% lower than the US median of $24,695. 

Absolute dollar amounts don’t tell the full story, however. doxo’s “Percentage of Household Income” data provides a more proportional look at bill spending in a particular location. Wyoming households spend 27% of their income on bills. 

COBI helps consumers understand how much it costs to live in one area as compared to another as it relates to the most common household bills. For COBI, the number 100 represents the national median and then, states, counties and cities are assigned a number, either above or below 100, based on how they compare to the national median. The COBI for Wyoming is 84.

  • Average Bill Cost per Household: $1,725 per month
  • Cost of Bills Index(COBI): 84
  • doxoINSIGHTS State Rank: #33
  • Percent of Household Income Used for Bills: 27%
  • Compared to the National Median: 16% lower

Wyoming Household Expenses are 16% Lower Than the National zmedian

The average Wyoming household pays $1,725 per month in the 10 most common household bills. The least expensive of these are alarm and security bills. 

On the lowest end of the spectrum, the average monthly payment for alarm and security bills in Wyoming is $74, compared to the national median of $74, making it the same as the national median.

Monthly mortgage bills are the most significant of the 10 most common bills for Wyoming residents. The median monthly mortgage payment is $1,435, compared to the national median of $1,775, making it 19% less expensive. 

Average Wyoming Household Bill Spending

Bill CategoryMedian Wyoming Monthly BillNational Median Monthly BillWyoming Percent +/- National Median ($2,126)
Mortgage$1,435$1,77519% lower
Rent$1,004$1,45331% lower
Auto Loan$457$4703% lower
Auto Insurance$100$1055% lower
Health Insurance$123$7271% higher
Mobile Phone$100$964% higher
Cable & Internet$110$1219% lower
Life Insurance$59$602% lower
Alarm & Security$74$74same
Total$1,725$2,06516% lower

*Household Bill Pay Expense medians shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Parkman has the highest cost of living in Wyoming for household bills

Residents of Parkman pay the highest household bills in the state of Wyoming, at a median of $3,290 per month. The Cost of Bills Index (COBI) for Parkman is 159, meaning the median cost of bills in this city is 59% higher than the national median.

In proportion to household income, monthly bills in Parkman make up 62% of the median annual household income of $64,186. 

Access detailed infographics about each city or town by clicking on the hyperlinks in the “City” column in the tables below. You can also browse doxoINSIGHTS’ regional bill comparison database to see infographics about more than 4,200 cities and towns across all 50 states in the US.

5 Most Expensive Wyoming Cities for Household Bills

RankCityMedian IncomeMonthly Bill Expenses Per HouseholdCost of Bills Index (COBI) – Standard% +/- Than the National MedianPercent of Household Income Used for Bills 
1Parkman$64,186$3,29015959% higher62%
2Moose$114,402$2,81413636% higher30%
3Moran$136,292$2,80813636% higher25%
4Teton Village$99,315$2,68213030% higher32%
5Jackson$114,402$2,61112626% lower27%

*Household Bill Pay Expense medians shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Garrett has the lowest cost of living in Wyoming for household bills

Garrett is the most affordable place in Wyoming, with residents paying $860 on average for household bills, accounting for 32% of annual income of $32,404. The Cost of Bills Index (COBI) for Garrett is 42, meaning the median cost of bills in this city is 58% below the national median. 

Lonetree is the second most affordable city in Wyoming, with residents paying $864 per month on average.

Also on the list of the 5 least expensive cities in Wyoming are Wolf ($878), Otto ($889) and Lost Springs ($893).

5 Most Affordable Wyoming Cities for Household Bills

RankCityMedian IncomeMonthly Bill Expense Per HouseholdCost of Bills Index (COBI) – Standard% +/- Than the National MedianPercent of Household Income Used for Bills
1Garrett$32,404$8604258% lower32%
2Lonetree$93,333$8644258% lower11%
3Wolf$58,138$8784258% lower18%
4Otto$69,167$8894357% lower15%
5Lost Springs$48,958$8934357% lower22%

*Household Bill Pay Expense medians shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Some individuals might be considering moving from a more expensive city to a less expensive one. For those making such decisions, doxoINSIGHTS can be a valuable resource. It allows consumers to compare household expenses in Wyoming with average bills in various cities and states nationwide.