Cost of living in Cheyenne: rent, homes and salary
For the cost of living in Cheyenne, the figure comes in 3.5% under the US average. In the Cheyenne, WY metro area, BEA's regional price parity (RPP) for 2024 was 96.5, the US is 100, and housing on its own is 89.8.
- Level of prices
- 96.5US = 100, BEA 2024
- Price level for housing
- 89.8 for rents, US = 100.
Cost of living index for Cheyenne
A regional price parity sets the price of one basket of goods and services in a single place against the US average of 100. BEA prices the Cheyenne, WY metro area as one, and Cheyenne sits inside it. Utilities are furthest from the US average, at 78.0, which puts them 22.0% below the US.
| Price level, US = 100 | Cheyenne, WY metro | Wyoming | Metro against the US |
|---|---|---|---|
| All items | 96.5 | 92.7 | −3.5% |
| Goods | 95.4 | 95.4 | −4.6% |
| Housing (rents) | 89.8 | 71.1 | −10.2% |
| Utilities | 78.0 | 78.4 | −22.0% |
| Other services | 100.4 | 100.4 | +0.4% |
The figures come from the U.S. Bureau of Economic Analysis and cover regional price parities for metro areas and states, 2024. BEA regional price parities
Cheyenne rent
Cheyenne's typical asking rent comes to $1,529 a month, based on the Zillow Observed Rent Index (ZORI), which covers rent for homes listed now. Over a year, it changed by +6.5%. In the US, it is $1,932. Census puts the median gross rent at $1,178. That figure counts every renting household, not only new leases. Twelve months of the asking rent equals 23% of the median household income.
| Rent | Cheyenne | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $1,529 | $1,932 |
| Asking rent, 12-month change | +6.5% | |
| Median gross rent, Census ACS 2024 | $1,178 | $1,487 |
| Median income, share taken by a year of asking rent | 23% | 28% |
Sources: Zillow Observed Rent Index; Census Bureau American Community Survey 2024, estimates for a single year.
Cheyenne home prices
The Zillow Home Value Index, called ZHVI, valued a typical home in Cheyenne at $388,958 in September 2026. It measures the value of a typical home, priced in the middle of the market. That figure is up 3.4% on a year, while the US stands at $366,157. In years of median household income, the price comes to 4.9, compared with 4.5 for the US.
| Home prices | Cheyenne | United States |
|---|---|---|
| Typical home value, September 2026 | $388,958 | $366,157 |
| 12-month change | +3.4% | +1.2% |
| 10-year change | +55.9% | +77.4% |
| Price to income (years of median income) | 4.9 | 4.5 |
| Price to rent (years of asking rent) | 21.2 | 15.8 |
The price chart since 2000, along with the forecast and days on market: housing market in Cheyenne.
The salary you need to live in Cheyenne
The salary in Cheyenne that matches what your pay buys now comes from two questions: what you earn, and where you live.
- Moving out of
- Salary
The method and every city compared side by side: cost of living comparison.
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Cheyenne cost of living compared with other cities
| City | Level of prices | Housing | Rent, typical | Value of a typical home |
|---|---|---|---|---|
| Cheyenne | 96.5 | 89.8 | $1,529 | $388,958 |
| New York City | 112.6 | 148.6 | $4,089 | $825,854 |
| Los Angeles | 113.6 | 170.4 | $2,772 | $927,891 |
| Chicago | 103.6 | 112.0 | $2,311 | $334,108 |
| Houston | 98.6 | 104.5 | $1,544 | $259,465 |
| Phoenix | 103.3 | 121.2 | $1,571 | $404,067 |
| Philadelphia | 102.6 | 113.1 | $1,757 | $231,584 |
| San Antonio | 94.7 | 94.6 | $1,381 | $244,623 |
| San Diego | 111.9 | 179.3 | $3,004 | $980,490 |
Price levels from BEA regional price parities, 2024, with US = 100. Rent figures: Zillow ZORI. Home values: Zillow ZHVI, September 2026.
All cities ranked: cost of living comparison. Every state: state cost of living.