Cheyenne, WY is a city located in the southeastern part of Wyoming. It is an attractive destination for many people due to its affordability and low cost of living. The 2 bedroom rent in Cheyenne is significantly lower than the US average at $950 versus $1,430. Similarly, the Grocery Cost Index in Cheyenne is 97 compared to 100 in the US. The city also offers a variety of local businesses that contribute to its economy. These include companies such as JKL Enterprises, Rocky Mountain Bank, Jones & Co., and Cheyenne Automotive Center. Each company offers unique goods and services that help make Cheyenne an economically viable community.
Cheyenne has an unemployment rate of 5.1%. The US average is 6.0%.
Cheyenne has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Cheyenne
- The Sales Tax Rate for Cheyenne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cheyenne is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cheyenne
- The average income of a Cheyenne resident is $28,485 a year. The US average is $28,555 a year.
- The Median household income of a Cheyenne resident is $70,705 a year. The US average is $69,021 a year.