Cost Of Living in Ranchester, WY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Ranchester	Wyoming	National
Cost of living	110	98	100
Goods & Services	104	98	100
Groceries	101	102	100
Health care	104	100	100
Housing	122	101	100
Transportation	125	94	100
Utilities	93	88	100

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Cost Of Living Quick Facts

The cost of living in Ranchester is 12% higher than the Wyoming average
The cost of living in Ranchester is 10% higher than the national average
Ranchester housing is 22% higher than the national average
Wyoming general sales tax is 22% lower than the national average
Wyoming state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$56,250	$4,688	$1,312	$1,688
Renters	$0	$0	$0	$0

Wyoming Sales Tax

State	General Sales Tax	With Max Surtax
Wyoming	4%	6%

Wyoming Income Tax

State	Income Tax (Low)	Income Tax (High)
Wyoming	0%	0%

Goods & Services

Item	Ranchester	National avg.	Difference
Haircut	$29.17	$24.26	20.2%
Beauty Salon	$41.59	$45.56	8.7%
Toothpaste	$4.10	$3.70	10.8%
Shampoo	$1.23	$1.28	3.9%
Movie	$12.47	$12.13	2.8%
Bowling	$17.73	$18.00	1.5%

Groceries

Item	Ranchester	National avg.	Difference
Ground Beef	$5.69	$5.84	2.5%
Fried Chicken	$1.40	$1.57	10.7%
Milk	$4.75	$4.67	1.6%
Potatoes	$4.54	$4.93	8.1%
Pizza	$12.10	$12.09	0.1%
Beer	$10.75	$10.41	3.3%

Health Care

Item	Ranchester	National avg.	Difference
Optometrist	$153.82	$125.68	22.4%
Doctor	$187.05	$135.78	37.8%
Dentist	$102.51	$113.29	9.5%
Ibuprofen	$10.61	$10.65	0.4%
Lipitor	$348.38	$468.60	25.7%

Housing

Item	Ranchester	National avg.	Difference
Home Price	$225,600.00	$184,700.00	22.1%
Avg. Mortgage Payment	$2,351.75	$2,346.69	0.2%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Ranchester	National avg.	Difference
Gasoline	$3.45	$3.46	0.2%
Tire Balancing	$111.34	$59.92	85.8%

Utilities

Item	Ranchester	National avg.	Difference
All Electricity	$177.24	$193.99	8.6%
Phone	$183.03	$192.25	4.8%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Wyola, MT	199	100	0.5%
Sheridan, WY	17,938	108	8.0%
Dayton, WY	879	111	11.4%
Parkman, WY	371	167	66.8%
Ranchester, WY	1,062	110	9.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bristol, FL	1,062	83	17.5%
Sheffield, IA	1,062	87	12.6%
Oakland, IL	1,062	82	18.5%
Russellton, PA	1,062	92	8.4%
South Waverly, PA	1,062	90	10.0%
Ranchester, WY	1,062	110	9.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Ranchester, WY