Laramie vs Cheyenne: Cost of Living Comparison

Side-by-side cost comparison across 62 categories. Updated May 2026.

WY
Laramie
94
Cost Index
Pop: 32KIncome: $56K
VS
1% diff
WY
Cheyenne
95
Cost Index
Pop: 65KIncome: $79K
More Affordable
Laramie
Laramie Wins
35/62
Cheyenne Wins
27/62
Monthly Cost Advantage
Laramie saves ~$646/mo
recurring costs only, ~$7,752/yr

Every year, thousands of Americans weigh Laramie against Cheyenne. Here's what they should know: Laramie is 1% cheaper overall, but Cheyenne has its own cost advantages in specific categories. We've broken down the comparison across all 62 cost categories we track โ€” with a verdict for different types of movers at the bottom.

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Direct Answer

Laramie is the more affordable choice between Laramie and Cheyenne, with a 1% lower overall cost index. Laramie has the recurring monthly cost edge at roughly $646/mo, while Laramie has the stronger salary-side advantage.

This comparison separates lower living costs from higher salary potential so a move decision does not over-credit one number. Use the cards below to see the main trade-offs before going into the full category table.

Monthly cost edge
$646/mo

Laramie is ahead on recurring modeled costs, or about $7,752/yr.

Category wins
35-27

Laramie wins 35 total categories; Cheyenne wins 27. Salary categories are judged by higher pay.

Income gap
$23K

ACS median household income differs by about $23,226 between the two cities.

Rent gap
$193/mo

ACS median gross rent is separated by about $193/mo.

Overall Cost of Living Comparison

CategoryLaramieCheyenneDifference
OverallB+BTie
HousingB+B+Tie
FoodBBTie
HealthcareBBTie
TransportationBBTie
UtilitiesB+BTie

Rent, Food, and Utility Differences

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Housing

101
Laramie
Cheyenne saves 16%
85
Cheyenne

Housing costs are primarily driven by local real estate markets and land values.

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Food & Groceries

94
Laramie
Laramie saves 5%
99
Cheyenne

Food & Groceries costs are primarily driven by local supply chains and regional agriculture.

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Healthcare

95
Laramie
Laramie saves 2%
97
Cheyenne

Healthcare costs are primarily driven by local provider networks and state regulations.

๐Ÿš—

Transportation

103
Laramie
Cheyenne saves 15%
88
Cheyenne

Transportation costs are primarily driven by local public transit availability and fuel costs.

๐Ÿ’ก

Utilities

94
Laramie
Laramie saves 5%
99
Cheyenne

Utilities costs are primarily driven by local energy sources and climate demands.

๐Ÿ”ง

Services

84
Laramie
Laramie saves 24%
104
Cheyenne

Services costs are primarily driven by local labor markets and demand density.

Key Cost Comparisons

Roof ReplacementCheyenne saves $606
Laramie
$9,315
Cheyenne
$8,709
Start a RestaurantCheyenne saves $111,577
Laramie
$464,234
Cheyenne
$352,657
Cost of LivingLaramie saves $210
Laramie
$3,411
Cheyenne
$3,621
Rent PricesLaramie saves $193
Laramie
$925
Cheyenne
$1,118
Car InsuranceCheyenne saves $295
Laramie
$2,175
Cheyenne
$1,880
Software Developer Salary (higher = better)Laramie pays $13,596 more
Laramie
$120,351
Cheyenne
$106,755

Cost of Living

Laramie: 5Cheyenne: 2
CategoryLaramieCheyenneDiffWinner
Cost of Living$3,411$3,6216%Laramie (lower cost)
Rent Prices$925$1,11817%Laramie (lower cost)
Grocery Costs$376$32115%Cheyenne (lower cost)
Utility Costs$234$2517%Laramie (lower cost)
Transportation Costs$299$36017%Laramie (lower cost)
Childcare Costs$1,533$1,74112%Laramie (lower cost)
Gym Membership$53$4515%Cheyenne (lower cost)

Home Services

Laramie: 12Cheyenne: 5
CategoryLaramieCheyenneDiffWinner
Roof Replacement$9,315$8,7097%Cheyenne (lower cost)
HVAC Installation$6,577$7,2669%Laramie (lower cost)
Plumbing Services$332$25623%Cheyenne (lower cost)
Electrical Work$264$31717%Laramie (lower cost)
Kitchen Remodel$25,566$32,20521%Laramie (lower cost)
Bathroom Remodel$13,418$14,5618%Laramie (lower cost)
House Painting$4,633$5,41614%Laramie (lower cost)
Flooring Installation$3,280$2,37628%Cheyenne (lower cost)
Landscaping$2,877$3,50218%Laramie (lower cost)
Fence Installation$4,419$3,52620%Cheyenne (lower cost)
Window Replacement$6,483$8,54924%Laramie (lower cost)
Solar Panel Installation$29,188$24,67515%Cheyenne (lower cost)
Water Heater Replacement$2,180$2,2001%Laramie (lower cost)
Deck Building$10,741$13,27819%Laramie (lower cost)
Pool Installation$43,103$48,64211%Laramie (lower cost)
Tree Removal$1,145$1,2015%Laramie (lower cost)
Garage Door Repair$322$3282%Laramie (lower cost)

Business Startup Costs

Laramie: 6Cheyenne: 6
CategoryLaramieCheyenneDiffWinner
Start a Restaurant$464,234$352,65724%Cheyenne (lower cost)
Start a Coffee Shop$137,912$132,1454%Cheyenne (lower cost)
Start a Food Truck$123,400$92,62525%Cheyenne (lower cost)
Start a Gym$305,016$268,46912%Cheyenne (lower cost)
Start a Daycare$48,513$38,63820%Cheyenne (lower cost)
Start a Hair Salon$217,340$221,7092%Laramie (lower cost)
Start a Laundromat$302,838$255,93815%Cheyenne (lower cost)
Start a Bakery$87,906$115,89424%Laramie (lower cost)
Start a Bar$326,184$544,92040%Laramie (lower cost)
Start a Cleaning Business$11,874$15,68524%Laramie (lower cost)
Start an Airbnb$28,284$31,28210%Laramie (lower cost)
Start a Trucking Business$109,200$117,8807%Laramie (lower cost)

Insurance

Laramie: 3Cheyenne: 6
CategoryLaramieCheyenneDiffWinner
Car Insurance$2,175$1,88014%Cheyenne (lower cost)
Home Insurance$1,876$2,61828%Laramie (lower cost)
Health Insurance$512$45212%Cheyenne (lower cost)
Business Insurance$1,681$1,43715%Cheyenne (lower cost)
Life Insurance$57$5012%Cheyenne (lower cost)
Renters Insurance$25$244%Cheyenne (lower cost)
Pet Insurance$47$3917%Cheyenne (lower cost)
Dental Insurance$39$439%Laramie (lower cost)
Motorcycle Insurance$439$56122%Laramie (lower cost)

Salaries & Jobs

Laramie: 7Cheyenne: 3
CategoryLaramieCheyenneDiffWinner
Software Developer Salary$120,351/yr$106,755/yr11%Laramie (higher pay)
Registered Nurse Salary$80,216/yr$78,131/yr3%Laramie (higher pay)
Teacher Salary$59,340/yr$51,687/yr13%Laramie (higher pay)
Electrician Salary$73,303/yr$63,125/yr14%Laramie (higher pay)
Plumber Salary$63,891/yr$55,650/yr13%Laramie (higher pay)
Accountant Salary$62,456/yr$82,440/yr24%Cheyenne (higher pay)
Physical Therapist Salary$72,123/yr$70,210/yr3%Laramie (higher pay)
Police Officer Salary$64,882/yr$66,342/yr2%Cheyenne (higher pay)
Dentist Salary$168,076/yr$188,416/yr11%Cheyenne (higher pay)
Real Estate Agent Salary$93,020/yr$82,286/yr12%Laramie (higher pay)

Which City Gives You More Buying Power?

The "better" city depends on your situation. Here's how different profiles stack up:

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Remote Worker

โ†’ Laramie

If your salary doesn't depend on location, Laramie's 1% lower costs translate directly into more savings or disposable income. Your paycheck goes further without a pay cut.

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Young Professional

โ†’ Laramie

Both cities are moderately priced, but Laramie's lower costs help you build savings earlier in your career when compound growth matters most.

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ

Family with Kids

โ†’ Laramie

Families face multiplied costs โ€” housing, groceries, healthcare, and transportation all scale with household size. Laramie's 1% advantage compounds across every budget category.

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Small Business Owner

โ†’ Laramie

Lower operating costs in Laramie mean lower break-even points. Rent, utilities, insurance, and labor all come in cheaper, giving new businesses more runway to reach profitability.

๐Ÿ–๏ธ

Retiree

โ†’ Laramie

On a fixed income, every percentage point matters. Laramie's lower healthcare, housing, and everyday costs help retirement savings last longer.

Salary Equivalent Between Cities

Laramie is 1% more affordable overall

Laramie has the lower overall cost index and wins 28 non-salary cost categories.Laramie has the stronger salary edge across 7 salary categories, so wages are shown separately from affordability.

Laramie
94
Cheyenne
95

Move Decision Checklist

  1. Compare rent first: it is usually the biggest swing item between Laramie and Cheyenne.
  2. Do not mix salary and affordability: use Laramie for pay leverage and Laramie for spending power.
  3. Run the move-shock and salary-needed pages before committing to deposits, movers, or a lease.

Explore Each City

Laramie, WY
Pop: 32K | Index: 94
View all costs โ†’
Cheyenne, WY
Pop: 65K | Index: 95
View all costs โ†’

Explore Specific Costs

Dive deeper into specific cost topics for each city:

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Frequently Asked Questions

How do housing costs compare between Laramie and Cheyenne?

Housing is typically the biggest cost difference between these cities. Laramie (index: 94) and Cheyenne (index: 95) differ by 1% overall, with housing costs often diverging even more than the average. Check the Cost of Living section above for specific figures.

Which city is better for remote workers?

For remote workers earning a location-independent salary, Laramie is the clear winner. The 1% cost advantage means more of your paycheck goes to savings or discretionary spending. Cheyenne makes more sense if your employer adjusts pay upward for that market.

What is the cost of living index for Laramie vs Cheyenne?

Laramie's cost of living index is 94; Cheyenne's is 95. A score of 100 represents the national average. Laramie is below average; Cheyenne is below average. These figures are derived from BLS and Census data.

Which city has better job opportunities?

Job market strength depends on your industry. Both cities have similar cost profiles, suggesting comparable job markets. Compare specific salary categories above for your field. Median incomes are $40K (Laramie) vs $59K (Cheyenne).

About This Comparison

Data SourcesACS 2024 5-year population, median household income, and median gross rent; BLS Consumer Expenditure Survey; HUD Fair Market Rent data; BLS OEWS salary data.
MethodologyRent and demographic anchors use official ACS values where available. Non-housing categories are modeled from national averages adjusted by city-specific cost indices and category sensitivity factors.
ConfidenceHYBRIDOfficial ACS anchors plus modeled non-housing estimates
Laramie ACS median rent: $925/moCheyenne ACS median rent: $1,118/mo

Limitations: ACS values are official citywide estimates, while some category costs remain modeled. Actual costs may vary by neighborhood, provider, timing, and household needs. Salary data reflects median full-time employment; contract and freelance rates differ. Last updated: May 2026.

โ† All ComparisonsLaramie costs โ†’Cheyenne costs โ†’