What salary do you need to live in Cheyenne, WY?

Cheyenne housing costs at a glance

A one-bedroom in Cheyenne rents for a median of $894 a month, utilities the tenant pays included; a two-bedroom goes for $1,128 and a three-bedroom for $1,434. Over a full year, the two-bedroom median comes to $13,536.

On the ownership side, the typical owner-occupied home is valued at $348,700. With median household income at $80,173, a typical home costs 4.3× a typical income, close to the middle of the range across US metros.

Price levels matter beyond rent. The Bureau of Economic Analysis measures Cheyenne's overall prices at 96.5 on a scale where the nation is 100, which makes a $100,000 salary feel like about $103,637 would elsewhere.

Income needed for each grade in Cheyenne

The salary lines for a two-bedroom household land at $40,000 for Tight, $80,000 for Okay and $160,000 for Comfortable. The gap between the Okay and Comfortable lines alone is $80,000, which says how much extra income it takes to make housing feel roomy here rather than merely workable.

The Royal grade is within reach at $422,000 a year, where both rent and the median home price look small next to income.

Each figure is the lowest income, to the next $1,000, at which the calculator itself would show that grade for a two-bedroom in Cheyenne.

Cheyenne at four common salaries

Take a $75,000 salary. In a one-bedroom the rent share is 14% and the score 47, Okay; in a three-bedroom the share rises to 23% and the score falls to 40, Tight.

Comfortable is above every row of the table here. At $150,000 a two-bedroom still grades Okay, with rent taking 9% of income.

Cheyenne compared with every US metro

Ranked against all 387 metros, Cheyenne sits 138th on overall price level and 186th on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 114th.

For a sense of scale, the metros just above and below it on two-bedroom rent are Syracuse, NY ($1,132) and Kalamazoo-Portage, MI ($1,127).

Cheyenne vs. the rest of Wyoming

Compared with Wyoming as a whole, two-bedroom rent in Cheyenne is 17% higher ($1,128 vs. $961) and the median home is 13% higher ($348,700 vs. $309,700).

The Wyoming figure for the Comfortable line, using state medians, is $127,000 against $160,000 for Cheyenne.

Wyoming has only one other metro in the data, Casper, WY, so the closest matches elsewhere, Bangor, ME and Syracuse, NY, are included too.

Does the typical Cheyenne income clear the bar?

What about a typical local household? Census puts median household income here at $80,173, which grades Okay (45) for a two-bedroom at the median rent. That falls $79,827 short of the $160,000 Comfortable line, a reminder that the typical household here spends a larger share on housing than the Comfortable band allows. Statewide, the Wyoming median household ($76,176) grades Okay on the state's own medians. Since a household can have two or more earners, compare it with a combined income rather than one paycheck.

Estimates use pre-tax income and public data; they are not financial advice.