Housing costs in Laramie?
A typical home costs
$335,700, which is 0.7% less expensive than the national average of
$338,100 and 3.5% more expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Laramie costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 8.2% cheaper than the state average of
$920.
Can I afford Laramie?
To live comfortably in Laramie, Wyoming, a minimum annual income of
$64,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Laramie?
The cost of living in Laramie, WY is relatively low compared to other cities in the United States. According to BestPlaces, the average cost of a one-bedroom apartment in the city center is $636 per month and groceries are around 13% lower than the national average. In addition, utilities such as electricity, water and heating are roughly half of what they would be in other cities. Furthermore, food prices are very reasonable for both groceries and eating out. Overall, Laramie is an affordable city to live in with plenty of amenities for its residents.