Worland cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexWorlandWyomingNational
Cost of living index87101100
IndexWorlandWyomingNational
Goods & Services index10197100
Groceries index102109100
Health care index10399100
Housing index64101100
Transportation index9595100
Utilities index77109100
A general summary of the cost of living index in Worland, WY is shown above. Compared to the state average of Wyoming the cost of living index in Worland, WY is 87, which is 13% lower than the average in Wyoming and compared to the national average it is 13% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Worland, WY goods and services come in at 4% higher than the average in Wyoming and are 1% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Worland is 13% lower than the Wyoming average.
  • The cost of living in Worland is 13% lower than the national average.
  • The cost of housing in Worland is 36% lower than the national average.
  • Wyoming general sales tax is 21% lower than the national average.
  • Wyoming state income tax is 100% lower than the national average.

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Compare Worland, WY Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Worland, WY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Worland, WY, you have to earn a higher income in order to still have the same standard of living. To operate the Worland, WY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,707$4,892$1,370$1,761
Renters$26,270$2,189$613$788
One can approximate the cost of living and the housing affordability in Worland, WY by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Worland, WY have a median income of $58,707. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,370 per month to avoid calamity and poverty. The renters in the city have an income of about $26,270, which would make their monthly maximum allowable rental costs $613.

Wyoming Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wyoming4%6%

Wyoming Income Tax

StateIncome Tax (Low)Income Tax (High)
Wyoming0%0%
When assessing the complete cost of living in Worland, WY, the Wyoming income tax and the Wyoming sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Wyoming maximum surtax is 6%, and the Wyoming sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Wyoming.

Goods & Services

ItemWorlandNational avg.Difference
Haircut $15.52$16.093.5%
Beauty Salon $37.52$37.330.5%
Toothpaste $2.57$2.455.1%
Shampoo $0.97$1.002.7%
Movie $10.53$10.282.5%
Bowling $3.92$4.9320.6%

Groceries

ItemWorlandNational avg.Difference
Ground Beef $3.88$3.802.1%
Fried Chicken $1.54$1.4010.5%
Milk $1.94$2.013.5%
Potatoes $4.28$3.0142.3%
Pizza $10.00$9.891.2%
Beer $8.68$8.902.4%

Health Care

ItemWorlandNational avg.Difference
Optometrist $84.93$102.1616.9%
Doctor $133.00$108.3622.7%
Dentist $84.00$92.539.2%
Ibuprofen $9.71$9.284.7%
Lipitor $433.64$425.821.8%

Housing

ItemWorlandNational avg.Difference
Home Price $120,900.00$184,700.0034.5%
Avg. Mortgage Payment $1,334.85$1,202.4411.0%
Apartment Rent $590.00$949.0037.8%

Transportation

ItemWorlandNational avg.Difference
Gasoline $2.30$2.242.7%
Tire Balancing $37.26$46.2919.5%

Utilities

ItemWorlandNational avg.Difference
All Electricity$139.05$165.9616.2%
Phone $20.00$28.6830.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Kirby, WY11486-14%
Worland, WY5,38387-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wind Lake, WI5,3831044%
Hazard, KY5,38387-13%
Glasgow Village, MO5,38284-16%
Tyrone, PA5,38288-12%
Dayton, KY5,38587-13%
Worland, WY5,38387-13%
Source: The Worland, WY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.