Cost of Living in Sheridan, WY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.7
100 = national avg
-0.3 vs national average
Living Wage (1 Adult)
$43,854
per year
Living Wage (Family of 4)
$103,654
per year
Cost Index by Category
Housing116.2
Food97.1
Transportation69.3
Healthcare97.7
Utilities101.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$860
per month
2 Bedroom
$1,129
per month
The overall cost of living index in Sheridan is 99.7, which is 0.3% below the national average. Housing costs are above the national average at an index of 116.2. A single adult needs to earn approximately $43,854 per year to cover basic expenses.