Wyoming Cost of Living Is Less than the National Average

photo8.jpg

Sometimes living in a rural area is actually more expensive than living in a city. This is because of the increased distance that you must drive in order to get food and other necessities. This is not the case when it comes to the Wyoming cost of living. It costs about 0.6 percent less to live in Wyoming than the national average. Even if you own a ranch in rural Wyoming, you can typically drive to a city in 30 minutes or less. This gives residents the best of both worlds. Here is how the cost of living breaks down by category. All numbers are current as of June 2012.

Food

The Wyoming cost of living for food-which includes groceries but not restaurants-is actually slightly above the national average. The cost index measures at 104 for Wyoming versus the national average of 100.

Utilities

The cost to heat and cool a home in Wyoming is less than in other parts of the country. This includes both the cost of electricity as well as natural gas. The cost index for utilities is 93.

Miscellaneous

Miscellaneous expenses include goods and services such as clothing, restaurants and entertainment, repairs, etc. The Wyoming cost of living for miscellaneous items is five points below the national average at 95.

Overall

All of the above items are weighted and averaged to determine the overall cost of living for each state. Wyoming is one of the best places to live in the country with an overall cost of living of 99, which is 0.6 percent lower than the national average.

With the cost of living so low in comparison with other states in the country, there has never been a better time to invest in a new and better lifestyle in Wyoming. Call 877-468-9802 for details about the very best land in Wyoming offered by the Brooks Companies.