Salary Needed to Live in Laramie as a Single
A single adult living independently needs approximately $19,314/year to live comfortably in Laramie, WY — including 10% savings.
Comfortable Salary
$19,314
with 10% savings
Bare Minimum
$16,668
no savings buffer
Monthly Expenses
$1,014
6% below national avg
Detailed Monthly Budget for a Single in Laramie
| Expense | Laramie | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $135 | $113 | +19% |
| 🛒 Groceries | $17 | $17 | 0% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $19 | $26 | -27% |
| 🛡️ Car Insurance | $181 | $215 | -16% |
| 🏥 Health Insurance | $43 | $54 | -20% |
| Internet | $61 | $65 | -6% |
| Phone | $80 | $85 | -6% |
| Dining & Social | $282 | $300 | -6% |
| Entertainment | $113 | $120 | -6% |
| Personal Care | $71 | $75 | -5% |
| Total Monthly | $1,014 | $1,084 | -6% |
How We Calculated the Salary
Monthly expenses:$1,014
Target savings (10%):$131/mo
Monthly after-tax needed:$1,145
Effective tax rate:27%
Gross annual salary needed:$19,314
Other Household Types in Laramie
Related Pages
FAQ
What salary does a single person need in Laramie?
A single person needs approximately $19,314/year ($1,610/month gross) to live comfortably in Laramie with a 10% savings rate.
How much is rent for a single person in Laramie?
A studio/1br in Laramie costs approximately $135/month, which is the largest single expense at 13% of the total budget.
Is Laramie affordable for a single person?
Yes, Laramie is 6% more affordable than the national average for a single person.