Laramie County, WY at a glance
Median household income
$80,173$6,681 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Laramie County, WY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Laramie County, WY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Cheyenne, WY MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $809 | $9,708 | $32,360 | 12.1% |
| 1-Bedroom Apartment | $917 | $11,004 | $36,680 | 13.7% |
| 2-Bedroom ApartmentBenchmark | $1,174 | $14,088 | $46,960 | 17.6% |
| 3-Bedroom Home | $1,633 | $19,596 | $65,320 | 24.4% |
| 4-Bedroom Home | $1,969 | $23,628 | $78,760 | 29.5% |
What a typical income covers in Laramie County, WY
The 50/30/20 rule applied to the local median of $80,173 a year ($6,681 a month before tax).
What $80,173 leaves after Wyoming taxes
Federal income tax, Social Security, Medicare and Wyoming tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Wyoming
Living in Laramie County, WY: common questions
What is the median household income in Laramie County, WY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Laramie County, WY is $80,173 per year (approximately $6,681 per month).
What is the average rent in Laramie County, WY?
The closest official figure is HUD's Fair Market Rent for 2026: $809 for a studio, $917 for one bedroom, $1,174 for two, $1,633 for three and $1,969 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Laramie County, WY expensive to live in?
Prices there run 3.5% below the U.S. average. BEA's regional price parity for the metro area is 96.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Laramie County, WY?
To keep a $1,174 two-bedroom under 30% of gross income, a household needs about $46,960 a year, or $3,913 a month. That is 59% of what the typical household in Laramie County, WY earns.
How much do you need to live comfortably in Laramie County, WY?
On the local median income of $80,173 ($6,681 a month before tax), the 50/30/20 rule leaves $3,341 a month for needs like rent, utilities and groceries, $2,004 for everything else and $1,336 for savings or debt. A two-bedroom at $1,174 takes 35% of the needs share.
How much is the electric bill in Laramie County, WY?
Homes in Wyoming paid 15.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $137. Your bill depends mostly on heating and cooling.