Cost of Living in Cheyenne, WY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.8
100 = national avg
+17.8 vs national average
Living Wage (1 Adult)
$51,824
per year
Living Wage (Family of 4)
$122,492
per year
Cost Index by Category
Housing126.4
Food109.0
Transportation118.0
Healthcare107.2
Utilities110.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$917
per month
2 Bedroom
$1,174
per month
The overall cost of living index in Cheyenne is 117.8, which is 17.8% above the national average. Housing costs are above the national average at an index of 126.4. A single adult needs to earn approximately $51,824 per year to cover basic expenses.