Laramie, WY, US
Home of the University of Wyoming with a classic college town and Medicine Bow access.
Below Average vs US Avg (100)
Affordable
Household income
Job market health
Laramie vs US Average
Taxes
- State Income Tax: None
- Sales Tax: 4.0%
Economy & Jobs
- Median Income: $52,000
- Unemployment: 3.0%
- Population: 32,000
Climate
- Sunny Days: 220/year
- Summer High: 80°F
- Winter Low: 14°F
- Farming Zone: USDA Zone 4b
Housing
- Median Home: $300,000
- 1BR Rent: $1000/mo
Cost of Living
Laramie's cost of living index is 95 (US average = 100).
| Category | Laramie | National Average | Difference |
|---|---|---|---|
| Overall | 95 | 100 | -5.0% |
| Housing | 100 | 100 | 0.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | $300,000 |
| Median Rent (1BR) | $1000/mo |
| Median Rent (2BR) | $1,250/mo |
| Price per Sq Ft | $200 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Laramie:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | $82 | Based on ~900 kWh/month typical US household usage |
| Heating & Cooling | $106 | Estimated based on local climate. Gas or electric |
| Cooling (AC) | N/A | Estimated based on local climate and electricity rates |
| Water | $45 | Includes sewer |
| Internet (100+ Mbps) | $75 | Broadband average |
| Garbage / Trash | $30 | Private service |
| Total Utilities | $338 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Laramie scores —/100 for remote work readiness:
Climate
Laramie has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 34°F | 14°F | 2.5" |
| April | 65°F | 29°F | 2.8" |
| July | 80°F | 55°F | 1.5" |
| October | 60°F | 32°F | 2.2" |
Cold — cool-season crops, hardy perennials
Natural Hazards
Laramie faces the following natural hazards:
Severe winter storms and blizzards.
Frequent drought conditions.
Rocky Mountain region with landslides.
Rocky Mountains with frequent avalanches.
Yellowstone region with seismic activity.
Wildfire risk in forested areas.
Tornado risk.
Flash floods.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 4%
- Property Tax: ~0.61% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.
Schools & Education
Academic Schedule
State mandates 180 school days. Many rural schools use four-day weeks.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Laramie, WY, US?
The cost of living index in Laramie is 95, which is Lower the US national average of 100.
How much does it cost to buy a home in Laramie?
The median home price in Laramie is $300,000. The housing index is 100.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Laramie is approximately $1000/mo.
Does Laramie, WY have income tax?
Laramie is in WY, which has no income tax.
What is the climate like in Laramie?
Laramie enjoys approximately 220 sunny days per year. Summer highs reach around 80°F, while winter lows can drop to around 14°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.