Housing costs in Rock Springs?
A typical home costs
$253,200, which is 25.1% less expensive than the national average of
$338,100 and 22.0% less expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Rock Springs costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 3.4% more than the state average of
$920.
Can I afford Rock Springs?
To live comfortably in Rock Springs Wyom Metro Area, Wyoming, a minimum annual income of
$48,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Rock Springs?
The cost of living in Rock Springs, WY Metro Area is significantly lower than the US average. With a cost of living index of 94.5 compared to the US average of 100, it is clear that living in Rock Springs is more affordable. This may be attributed to the lower median house value, which sits at $253200 compared to the US average of $3381000. Therefore, it stands to reason that with a lower median house value comes a lower cost of living overall.