Housing costs in Laramie?
A typical home costs
$393,300, which is 16.3% more expensive than the national average of
$338,100 and 21.2% 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 (zip 82073), Wyoming, a minimum annual income of
$75,240 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 (82073) is relatively low compared to other cities in the United States. According to BestPlaces.net, the overall cost of living index is 78 (score of 100 is average). This means that Laramie has a 22% lower cost of living index than the U.S. average. The median home value in Laramie is $225,000 which is also lower than the national median home value of $219,700 and housing costs are 11% lower when compared to the rest of the country. Other expenses such as groceries, utilities, and transportation are also lower than average at 8%, 7%, and 5% respectively. With all these factors combined, it's easy to see why many people choose to live in 82073 Laramie due to its affordability relative to other locations in America.