Housing costs in Torrington?
A typical home costs
$214,900, which is 36.4% less expensive than the national average of
$338,100 and 33.8% less expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Torrington costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 7.0% cheaper than the state average of
$920.
Can I afford Torrington?
To live comfortably in Torrington (zip 82240), Wyoming, a minimum annual income of
$41,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Torrington?
The cost of living in 82240 Torrington, WY is relatively low compared to other cities across the United States. The median home cost in Torrington is around $140,000 which is significantly lower than the US average of $226,800. Goods and services are also relatively affordable with a cost of living index of 84.3 which is well below the national average of 100. In addition, the unemployment rate in Torrington has remained stable at around 4%, making it a great place for individuals looking to purchase a home or start a business.