Cost of Living in Laramie, WY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.6
100 = national avg
-4.4 vs national average
Living Wage (1 Adult)
$42,075
per year
Living Wage (Family of 4)
$99,451
per year
Cost Index by Category
Housing118.1
Food90.1
Transportation65.3
Healthcare92.0
Utilities97.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$786
per month
2 Bedroom
$963
per month
The overall cost of living index in Laramie is 95.6, which is 4.4% below the national average. Housing costs are above the national average at an index of 118.1. A single adult needs to earn approximately $42,075 per year to cover basic expenses.