Cost of Living in Medicine Bow, WY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

57.7

100 = national avg

-42.3 vs national average

Living Wage (1 Adult)

$25,401

per year

Living Wage (Family of 4)

$60,038

per year

Cost Index by Category

Housing
48.0
Food
74.1
Transportation
48.2
Healthcare
79.3
Utilities
74.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$854

per month

2 Bedroom

$980

per month

The overall cost of living index in Medicine Bow is 57.7, which is 42.3% below the national average. Housing costs are below the national average at an index of 48.0. A single adult needs to earn approximately $25,401 per year to cover basic expenses.