Housing costs in Laramie?
A typical home costs
$334,100, which is 1.2% less expensive than the national average of
$338,100 and 3.0% more expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Laramie costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$920.
Can I afford Laramie?
To live comfortably in Laramie Wyom Metro Area, Wyoming, a minimum annual income of
$64,080 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Laramie?
The cost of living in the Laramie, WY Metro Area is quite attractive at 93 on the index, which is 7 points below the national average. This indicates that the cost of living in Laramie is generally lower than most other areas in the US. Although housing prices are higher than the national average at $334,100 compared to $338,100, overall expenses are still relatively low. Therefore, with a combination of affordable living and housing prices, individuals and families can have a comfortable lifestyle in the Laramie area.