Wyoming vs Texas: cost of living compared

Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).

Is it cheaper to live in Wyoming or Texas?

  • Overall, Texas is 4.7% more expensive than Wyoming (BEA, 2024).
  • To keep the same standard of living, $75,000 in Wyoming works out to about $78,500 in Texas, before taxes.
  • Most of the difference is housing, which costs 35.7% more in Texas. Goods are 2.8% higher and other services 3.3% lower.
  • After adjusting for local prices, personal income per person is $58,219 in Texas and $75,501 in Wyoming (22.9% lower in Texas; BEA, 2024, in 2017 dollars).
  • Inside each state, metro price levels run from 83.8 in Eagle Pass, TX to 103.1 in Dallas, TX (Texas) and from 93.8 in Casper, WY to 96.5 in Cheyenne, WY (Wyoming), US = 100.
  • The gap is about where it was in 2019 (4.7%).

derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.

Try your own salary

18% matches BEA's average basket. Set your own share if housing takes more or less of your budget.

Category by category

Both states against the US average (100).

Housing drives the gap: 35.7% higher in Texas than in Wyoming

Price level by category, 2024. US average = 100.

  • Wyoming
  • Texas
All items
Wyoming: 92.7 Texas: 97.1
Goods
Wyoming: 95.4 Texas: 98.1
Housing (rents)
Wyoming: 71.1 Texas: 96.5
Utilities
Wyoming: 78.4 Texas: 87.5
Other services
Wyoming: 100.4 Texas: 97.1

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
WyomingTexas
All items92.797.1
Goods95.498.1
Housing (rents)71.196.5
Utilities78.487.5
Other services100.497.1
CategoryWyomingTexasTexas vs Wyoming
All items92.797.1+4.7%
Goods95.498.1+2.8%
Housing (rents)71.196.5+35.7%
Utilities78.487.5+11.6%
Other services100.497.1−3.3%
Income per person, adjusted for prices $75,501 $58,219 −22.9%
Regular gas, week of October 19, 2026* $4.47 $3.70 −17.1%
Salary to match $75,000 in Wyoming $75,000 $78,500 +4.7%

Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *Rocky Mountain region average (EIA has no separate Wyoming figure).

Cheapest and most expensive places in each state

Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.

How the gap has changed since 2008

The price gap between Wyoming and Texas has widened since 2008: 1.8 points then, 4.4 now

Overall price level each year, 2008–2024. US average = 100.

  • Wyoming
  • Texas
US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
WyomingTexas
200895.397.1
200996.696.7
201095.597.7
201197.697.0
201296.397.7
201397.398.1
201497.498.4
201596.998.3
201697.798.1
201797.197.4
201892.497.8
201994.198.5
202091.898.8
202191.498.4
202291.897.4
202391.697.1
202492.797.1

Goods

  • Wyoming
  • Texas
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
WyomingTexas
200899.397.1
200999.096.1
201098.698.1
201198.896.5
201298.797.6
201397.897.6
201497.897.4
2015101.097.1
2016101.898.4
2017102.197.1
201896.197.1
201998.697.9
202097.298.2
202196.498.5
202296.897.2
202397.198.1
202495.498.1

Housing (rents)

  • Wyoming
  • Texas
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
WyomingTexas
200877.588.0
200988.488.2
201085.089.3
201191.889.7
201285.291.1
201390.091.4
201491.493.6
201583.394.0
201690.695.6
201782.695.2
201875.195.2
201979.195.8
202073.595.8
202178.095.6
202278.997.0
202375.797.5
202471.196.5

Utilities

  • Wyoming
  • Texas
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
WyomingTexas
200870.2101.4
200974.296.2
201079.498.1
201183.394.4
201285.493.1
201384.695.7
201486.894.9
201589.391.1
201690.391.9
201787.788.0
201880.587.5
201981.687.7
202082.485.0
202176.286.2
202277.088.7
202374.192.4
202478.487.5

Other services

  • Wyoming
  • Texas
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
WyomingTexas
2008100.7100.0
200999.8100.4
201098.2100.3
201199.7100.1
201299.2100.4
2013100.4101.0
201499.9101.1
201599.6101.1
201698.299.0
201799.998.9
201897.499.8
201997.4100.5
202096.4101.3
202193.4100.0
202293.898.2
202394.896.6
2024100.497.1

What incomes buy in each state

Income per person after adjusting for prices: $58,219 in Texas, $75,501 in Wyoming

Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).

  • Wyoming
  • Texas
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
WyomingTexasUnited States
2008$58,246$46,068$45,816
2009$51,860$43,349$44,204
2010$53,762$44,078$44,808
2011$55,967$46,663$45,957
2012$58,974$47,554$46,796
2013$56,738$47,301$46,358
2014$59,538$48,959$47,661
2015$59,598$48,983$49,396
2016$55,723$47,686$49,828
2017$58,171$49,918$51,006
2018$62,928$51,551$52,242
2019$63,616$52,343$53,683
2020$67,906$53,181$56,514
2021$71,860$56,442$59,365
2022$73,081$56,452$57,104
2023$75,323$57,708$58,088
2024$75,501$58,219$59,195

More

Related state comparisons

What this comparison leaves out

  • Taxes. State income, sales and property taxes differ a lot between states and are not included.
  • Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
  • Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
  • Timing. BEA price levels and incomes are for 2024; gas prices are weekly.

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