Is Wyoming A Good Place To Live? Pros And Cons You Must Know
Yes, Wyoming can be a great place to live, depending on what you’re looking for.
Wyoming offers a simple lifestyle that many people enjoy. It features open spaces, natural beauty, and a slower pace of life. With wide horizons, little traffic, and a strong community feeling, living in Wyoming is very different from big cities.
Wyoming is the 10th least populated state in the U.S. It has a low population density but a relatively high average income, mainly because of its strong energy and natural resources industries. However, deciding if Wyoming is the right place for you depends on what you value.
Think about climate, job opportunities outside of resource-based jobs, access to services, and your lifestyle preferences. This overview will give clear insights into what residents and newcomers can expect in 2025, helping you decide if Wyoming fits your needs and goals.
What You’ll Learn in This Guide
In this article, we will answer:
What are the advantages and disadvantages of living in Wyoming?
What factors should you consider when moving to Wyoming?
Is Wyoming a good place to live?
What are the advantages and disadvantages of living in Wyoming?
What factors should you consider when moving to Wyoming?
Is Wyoming a good place to live?
Overview
Pros of living in Wyoming
Low Cost of Living In Wyoming
One of the most substantial reasons for moving to the Cowboy State is the low cost of living. According to statistics compiled by the World Population Review—Cost of Living Index by State 2025, Wyoming's cost of living index is 95.1, 4.9% below the national average of 100. The affordability of living in Wyoming attracts many budget-conscious individuals and families.
Average Cost Of Living In Wyoming
Here's a clear and simple table showing the average annual per-capita cost of living in Wyoming.
No State Income Tax
According to the 2025 State Tax Competitiveness Index by the Tax Foundation, Wyoming has the country's best tax system, which offers residents financial benefits. It has no state income tax on personal or corporate income, making it one of only two states that don’t have these taxes or a gross receipts tax, along with South Dakota. The lack of state income tax laws makes Wyoming tax-friendly, allowing residents to keep more money for saving and spending.
Wyoming has a 4.00% state sales tax rate. When combined with local taxes, the average total sales tax rate is 5.44%. This places Wyoming among the five states with the lowest average combined sales tax rates, alongside Alaska (1.82%), Hawaii (4.50%), Maine (5.50%), and Wisconsin (5.70%).
The National Retail Federation (NRF) points out that lower tax rates benefit shoppers and retailers. Lower taxes for individuals increase disposable income, leading to more consumer spending and better living standards. Similarly, lower corporate tax rates help retailers grow, invest in their staff, and create more jobs.
Celebrity Appeal
Celebrities are drawn to Wyoming for its privacy, peaceful landscapes, and the community feel in Wyoming towns. The state’s lack of state income, estate, and inheritance taxes makes it appealing for protecting wealth.
Many celebrities have purchased properties in Jackson Hole, Wyoming. Some include Harrison Ford, who owns an extensive 800-acre ranch there, where he has resided since the 1980s. Sandra Bullock, an Academy Award-winning actress, reportedly owns a vacation home in this area. Kanye West also reportedly owns a ranch in the region, which he purchased in 2019.
Other famous figures who bought properties in Wyoming include:
Brad Pitt: Owns second homes in Wyoming.
Jeffree Star: The makeup artist and internet personality relocated from California to Casper, Wyoming, and owns a large property there.
Taylor Sheridan: The creator of the Yellowstone series, recently bought a 179-acre ranch in Wyoming.
Joe Ricketts: The billionaire co-owner of the Chicago Cubs and founder of Ameritrade, purchased the Granite Creek Ranch in Jackson Hole in late 2024.
Bill Gates: The Microsoft co-founder also owns property in Wyoming.
Brad Pitt: Owns second homes in Wyoming.
Jeffree Star: The makeup artist and internet personality relocated from California to Casper, Wyoming, and owns a large property there.
Taylor Sheridan: The creator of the Yellowstone series, recently bought a 179-acre ranch in Wyoming.
Joe Ricketts: The billionaire co-owner of the Chicago Cubs and founder of Ameritrade, purchased the Granite Creek Ranch in Jackson Hole in late 2024.
Bill Gates: The Microsoft co-founder also owns property in Wyoming.
Affordable Housing
Aside from having wide housing options, Wyoming properties for sale are more affordable than those of its neighboring states, like Colorado and Utah. The average home value in Wyoming is $370,629. In contrast, Colorado and Utah are $549,409 and $534,478, respectively.
Average Housing Cost In Wyoming
Here’s the average cost of a house in Wyoming in major cities.
Rentals In Wyoming
The average rent in Wyoming for all bedrooms and all property types is $1,300. This is significantly lower compared to the national average of $2100. Zillow currently lists 763 available rental properties in Wyoming.
Best Places to Live in Wyoming (Towns and Communities)
If you are looking for Wyoming properties for sale or rentals, here are a few towns worth checking out:
Cheyenne: As the state capital, Cheyenne blends classic Western charm with modern living. It offers solid job opportunities, good schools, and a busy events calendar highlighted by the world-famous Cheyenne Frontier Days rodeo.
Jackson Hole: Upscale and scenic, Jackson Hole is known for its breathtaking mountain views and unmatched access to outdoor adventures. It’s pricey, but its beauty and proximity to national parks make it one of a kind.
Casper: Nicknamed “The Oil City,” Casper has a blue-collar, down-to-earth vibe. With plenty of energy-sector jobs and welcoming, family-friendly neighborhoods, it’s a great place to put down roots.
Laramie: Home to the University of Wyoming, Laramie has a lively college-town feel. A younger crowd, thriving arts scene, and constant stream of cultural events keep the city vibrant.
Alpine: Nestled in the mountains, Alpine is a quiet, small town perfect for outdoor lovers. Fishing, hiking, and peaceful scenery define the area, and nearby Alpine, Wyoming hotels make it easy to explore.
Cody: A popular destination for vacation rentals, especially for those interested in rodeos and national park adventures.
Rawlins: Often cited as a place where you can find cheap apartments in Wyoming, with median house rents significantly lower than the state average.
Cheyenne: As the state capital, Cheyenne blends classic Western charm with modern living. It offers solid job opportunities, good schools, and a busy events calendar highlighted by the world-famous Cheyenne Frontier Days rodeo.
Jackson Hole: Upscale and scenic, Jackson Hole is known for its breathtaking mountain views and unmatched access to outdoor adventures. It’s pricey, but its beauty and proximity to national parks make it one of a kind.
Casper: Nicknamed “The Oil City,” Casper has a blue-collar, down-to-earth vibe. With plenty of energy-sector jobs and welcoming, family-friendly neighborhoods, it’s a great place to put down roots.
Laramie: Home to the University of Wyoming, Laramie has a lively college-town feel. A younger crowd, thriving arts scene, and constant stream of cultural events keep the city vibrant.
Alpine: Nestled in the mountains, Alpine is a quiet, small town perfect for outdoor lovers. Fishing, hiking, and peaceful scenery define the area, and nearby Alpine, Wyoming hotels make it easy to explore.
Cody: A popular destination for vacation rentals, especially for those interested in rodeos and national park adventures.
Rawlins: Often cited as a place where you can find cheap apartments in Wyoming, with median house rents significantly lower than the state average.
Strong Job Opportunities in Energy
According to the Wyoming State Geological Survey, Wyoming is the top coal producer in the U.S., with coal mines operating in Campbell, Lincoln, and Sweetwater counties. In 2024, coal mining directly employed 4,400 people. At the same time, the oil and gas jobs were at 9,200 employees.
If you are interested in Wyoming’s energy industry, here are some in-demand energy-related jobs you can apply for:
Wind Turbine Technician
Solar Electrician / Solar Installer
Landman / Land Acquisition Specialist
Oil & Gas Field Mechanic / Technician
Lease Operator
Environmental Scientist / Environmental Compliance Coordinator
Journeyman Lineman
Gas Operations Technician
Project Manager (Energy)
Wind Turbine Technician
Solar Electrician / Solar Installer
Landman / Land Acquisition Specialist
Oil & Gas Field Mechanic / Technician
Lease Operator
Environmental Scientist / Environmental Compliance Coordinator
Journeyman Lineman
Gas Operations Technician
Project Manager (Energy)
Health Care Options for Urban and Rural Residents
Wyoming’s healthcare system looks very different in rural and urban areas, mainly because of the state’s size and population spread.
Rural Residents
Challenges: Rural residents often face long travel times to see a doctor, limited transportation, and shortages of providers in primary health care. Many also deal with higher rates of certain health conditions, and in small towns, privacy concerns can keep people from seeking care. Even with insurance, the cost of treatment can still be a major barrier.
Resources: The Wyoming Office of Rural Health works to expand access, train healthcare workers, and support community-based programs, often with the help of federal funding. Community paramedics also help fill in gaps in care. Wyoming relies on several types of facilities to support rural communities:
Critical Access Hospitals (CAHs)
Rural Health Clinics (RHCs)
Federally Qualified Health Centers (FQHCs)
Challenges: Rural residents often face long travel times to see a doctor, limited transportation, and shortages of providers in primary health care. Many also deal with higher rates of certain health conditions, and in small towns, privacy concerns can keep people from seeking care. Even with insurance, the cost of treatment can still be a major barrier.
Resources: The Wyoming Office of Rural Health works to expand access, train healthcare workers, and support community-based programs, often with the help of federal funding. Community paramedics also help fill in gaps in care. Wyoming relies on several types of facilities to support rural communities:
Critical Access Hospitals (CAHs)
Rural Health Clinics (RHCs)
Federally Qualified Health Centers (FQHCs)
Urban Residents
Access: People in cities like Cheyenne and Casper have better access to larger hospitals. There are more primary care doctors and a wider range of specialists than in rural areas.
Services: Urban hospitals are more likely to offer full-service care. They benefit from more staff and stronger resources than rural facilities. Some of the hospitals available to urban residents include:
Cheyenne Regional Medical Center
VA Medical Center Cheyenne
Banner Wyoming Medical Center
Summit Medical Center
Wyoming Behavioral Health Institute
Ivinson Memorial Hospital
Access: People in cities like Cheyenne and Casper have better access to larger hospitals. There are more primary care doctors and a wider range of specialists than in rural areas.
Services: Urban hospitals are more likely to offer full-service care. They benefit from more staff and stronger resources than rural facilities. Some of the hospitals available to urban residents include:
Cheyenne Regional Medical Center
VA Medical Center Cheyenne
Banner Wyoming Medical Center
Summit Medical Center
Wyoming Behavioral Health Institute
Ivinson Memorial Hospital
Natural Beauty And Outdoor Recreation
Wyoming is a great place to live for nature trips and outdoor adventures, boasting an abundance of natural attractions and recreational activities. According to the 2024 Economic Impact Report by Dean Runyan Associates, Wyoming's travel industry is growing. Travel spending reached $4.9 billion and supported 33,610 jobs. Overnight visitors totaled 8.8 million. These numbers show how important tourism is for Wyoming's economy.
National Parks And Recreation Areas In Wyoming
Here is a list of the 10 best national parks and recreation areas for spending time outdoors, as highlighted by the official Visit The USA travel site:
Yellowstone National Park: America’s first national park, famous for geysers like Old Faithful and colorful hot springs.
Grand Teton National Park is known for its stunning Rocky Mountain peaks, the Snake River, and wildlife like moose and bears.
Devils Tower National Monument: A large rock formation popular for hiking, camping, and rock climbing.
Flaming Gorge National Recreation Area: Recognized for its red canyon walls, it offers fishing and boating.
Bighorn Canyon National Recreation Area: Features 27 km of trails, scenic views of water, and historic spots.
Monument Hill & Hot Springs State Park: Located in Thermopolis, it has hiking paths, mineral hot springs, and a bison herd.
National Elk Refuge: In Jackson, home to many elk and popular winter sleigh rides.
Fremont Lake: Close to Pinedale, Fremont Lake is the second-largest lake in Wyoming and is excellent for fishing and kayaking.
Vedauwoo Recreation Area: Known for its unique granite formations, this area is excellent for climbing and hiking.
Fossil Butte National Monument: Near Kemmerer, features fossil beds, hiking trails, and summer quarry tours.
Yellowstone National Park: America’s first national park, famous for geysers like Old Faithful and colorful hot springs.
Grand Teton National Park is known for its stunning Rocky Mountain peaks, the Snake River, and wildlife like moose and bears.
Devils Tower National Monument: A large rock formation popular for hiking, camping, and rock climbing.
Flaming Gorge National Recreation Area: Recognized for its red canyon walls, it offers fishing and boating.
Bighorn Canyon National Recreation Area: Features 27 km of trails, scenic views of water, and historic spots.
Monument Hill & Hot Springs State Park: Located in Thermopolis, it has hiking paths, mineral hot springs, and a bison herd.
National Elk Refuge: In Jackson, home to many elk and popular winter sleigh rides.
Fremont Lake: Close to Pinedale, Fremont Lake is the second-largest lake in Wyoming and is excellent for fishing and kayaking.
Vedauwoo Recreation Area: Known for its unique granite formations, this area is excellent for climbing and hiking.
Fossil Butte National Monument: Near Kemmerer, features fossil beds, hiking trails, and summer quarry tours.

