Cost of Living in Torrington, WY

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5%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
16%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Torrington Wyoming National
Cost of living95100100
Groceries101101100
Health care9698100
Housing84102100
Transportation100100100
Utilities104103100
Lifestyle & Entertainment10198100
Household Items10199100
Education & Childcare9597100
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Homes For Sale In Torrington, WY

property for sale

3160 Monte Vista Rd

Torrington, WY
property for sale

1725 W C St

Torrington, WY
property for sale

2818 E C St

Torrington, WY
property for sale

141 Camino del Rey

Torrington, WY
See the Newest Homes For Sale In Torrington, WY

Cost Of Living Quick Facts

  • The cost of living in Torrington is 5% lower than the Wyoming average
  • The cost of living in Torrington is 5% lower than the national average
  • Torrington housing is 16% lower than the national average
  • Wyoming general sales tax is 22% lower than the national average
  • Wyoming state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Torrington

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Compare Torrington, WY Cost of Living

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      The best places in Wyoming

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$95,968$7,997$2,239$2,879
      Renters$44,667$3,722$1,042$1,340
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Torrington, WY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Torrington homeowners, is $95,968. This would allow for a maximum of $2,239 per month to be spent on housing costs. For renters, the median monthly income is $44,667 which would result in a maximum of $1,042 to be spent on rental costs.

      Wyoming Sales Tax

      State General Sales Tax With Max Surtax
      Wyoming 4% 6%

      Wyoming Income Tax

      State Income Tax (Low) Income Tax (High)
      Wyoming 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Veteran, WY01000.1%
      Huntley, WY01000.1%
      Lyman, NE4088019.5%
      Yoder, WY1718613.8%
      Henry, NE938613.5%
      Torrington, WY6,735954.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rossford, OH6,7349010.1%
      Columbiana, OH6,7339010.0%
      Estes Park, CO6,73913535.1%
      Washington, NJ6,7301032.9%
      Orchard Mesa, CO6,72811111.4%
      Torrington, WY6,735954.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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