Wyoming Living Report — July 10, 2026

Wyoming, the least populous state in the US, offers a unique blend of natural beauty, outdoor recreation opportunities, and a growing economy. With a population of 577,929, Wyoming provides a sparse, wide-open landscape that attracts people seeking a more relaxed pace of life. The cost of living in Wyoming is relatively low compared to other states, making it an attractive option for those looking to relocate. The median household income in Wyoming is $72,495 per year, which is slightly below the national average. However, the state’s low unemployment rate of 2.7% as of May 2026 suggests a strong job market.

When it comes to housing, Wyoming’s market is characterized by affordable options. The median home value is $269,900, making it an attractive option for first-time homebuyers or those looking to upgrade. Rentals are also relatively affordable, with a median 1BR rent of $933 per month. To put this into perspective, the average renter in Wyoming would allocate around 15% of their monthly income towards rent, assuming a median household income. This is well below the 30% threshold that is often considered the benchmark for affordability. As a result, Wyoming is an attractive option for families, retirees, and remote workers who are looking for a more affordable lifestyle.

The quality of life in Wyoming is also a major draw. With its vast natural landscapes, including Yellowstone and Grand Teton National Parks, outdoor enthusiasts will find endless opportunities for hiking, camping, and exploring. The state’s small-town charm and strong sense of community also make it an attractive option for families and retirees. Additionally, Wyoming’s growing economy and low unemployment rate make it an excellent choice for remote workers and entrepreneurs looking to start or grow a business. Finklick, a company that tracks economic data, monitors 176 cities in Wyoming, providing valuable insights into the state’s economic trends and opportunities.

Wyoming’s demographics are also worth noting. With a median age of 38.5, the state’s population is slightly older than the national average. However, the poverty rate of 10.4% is a concern, and the state is working to address this issue through various initiatives. Despite this challenge, Wyoming remains an attractive option for those looking to relocate. The state’s unique blend of natural beauty, outdoor recreation opportunities, and a growing economy makes it an ideal choice for a wide range of people, from families and retirees to remote workers and entrepreneurs.

Looking to the future, Wyoming’s outlook is promising. With its strong job market, affordable housing options, and high quality of life, the state is well-positioned for growth and development. As more people discover the charms of Wyoming, it’s likely that the state will continue to attract new residents and businesses. With its unique blend of natural beauty and economic opportunity, Wyoming is an exciting place to live, work, and play, and its future looks bright. As the state continues to evolve and grow, it’s likely that Wyoming will remain a popular destination for those looking to relocate and start a new chapter in their lives.

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Browse utility costs, housing data, Census demographics, and climate data for all 176 tracked cities in Wyoming.

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Data: US Census Bureau ACS 2022, BLS. Updated July 10, 2026.