CostOfCity

Laramie vs Cheyenne: Full Cost Comparison

Side-by-side cost comparison across 38 categories. Updated March 2026.

WY
Laramie
94
Cost Index
Pop: 33KIncome: $40K
VS
1% diff
WY
Cheyenne
95
Cost Index
Pop: 65KIncome: $59K
More Affordable
Laramie
Laramie Wins
20/38
Cheyenne Wins
18/38
Topics
38

Every year, thousands of Americans weigh Laramie against Cheyenne. Here's what they should know: Laramie is 1% cheaper overall, but Cheyenne has its own cost advantages in specific categories. We've broken down the comparison across all 38 cost categories we track โ€” with a verdict for different types of movers at the bottom.

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Key Cost Comparisons

Roof ReplacementCheyenne saves $606
Laramie
$9,315
Cheyenne
$8,709
Start a RestaurantCheyenne saves $111,577
Laramie
$464,234
Cheyenne
$352,657
Cost of LivingLaramie saves $621
Laramie
$3,877
Cheyenne
$4,498
Rent PricesCheyenne saves $701
Laramie
$2,313
Cheyenne
$1,612
Car InsuranceCheyenne saves $295
Laramie
$2,175
Cheyenne
$1,880
Software Developer Salary (higher = better)Laramie pays $13,596 more
Laramie
$120,351
Cheyenne
$106,755

Cost of Living

Laramie: 3Cheyenne: 2
CategoryLaramieCheyenneDiffWinner
Cost of Living$3,877$4,49814%Laramie (lower cost)
Rent Prices$2,313$1,61230%Cheyenne (lower cost)
Grocery Costs$376$32115%Cheyenne (lower cost)
Utility Costs$234$2517%Laramie (lower cost)
Transportation Costs$299$36017%Laramie (lower cost)

Home Services

Laramie: 6Cheyenne: 4
CategoryLaramieCheyenneDiffWinner
Roof Replacement$9,315$8,7097%Cheyenne (lower cost)
HVAC Installation$6,577$7,2669%Laramie (lower cost)
Plumbing Services$332$25623%Cheyenne (lower cost)
Electrical Work$264$31717%Laramie (lower cost)
Kitchen Remodel$25,566$32,20521%Laramie (lower cost)
Bathroom Remodel$13,418$14,5618%Laramie (lower cost)
House Painting$4,633$5,41614%Laramie (lower cost)
Flooring Installation$3,280$2,37628%Cheyenne (lower cost)
Landscaping$2,877$3,50218%Laramie (lower cost)
Fence Installation$4,419$3,52620%Cheyenne (lower cost)

Business Startup Costs

Laramie: 4Cheyenne: 6
CategoryLaramieCheyenneDiffWinner
Start a Restaurant$464,234$352,65724%Cheyenne (lower cost)
Start a Coffee Shop$137,912$132,1454%Cheyenne (lower cost)
Start a Food Truck$123,400$92,62525%Cheyenne (lower cost)
Start a Gym$305,016$268,46912%Cheyenne (lower cost)
Start a Daycare$48,513$38,63820%Cheyenne (lower cost)
Start a Hair Salon$217,340$221,7092%Laramie (lower cost)
Start a Laundromat$302,838$255,93815%Cheyenne (lower cost)
Start a Bakery$87,906$115,89424%Laramie (lower cost)
Start a Bar$326,184$544,92040%Laramie (lower cost)
Start a Cleaning Business$11,874$15,68524%Laramie (lower cost)

Insurance

Laramie: 1Cheyenne: 3
CategoryLaramieCheyenneDiffWinner
Car Insurance$2,175$1,88014%Cheyenne (lower cost)
Home Insurance$1,876$2,61828%Laramie (lower cost)
Health Insurance$512$45212%Cheyenne (lower cost)
Business Insurance$1,681$1,43715%Cheyenne (lower cost)

Salaries & Jobs

Laramie: 5Cheyenne: 0
CategoryLaramieCheyenneDiffWinner
Software Developer Salary$120,351/yr$106,755/yr11%Laramie (higher pay)
Registered Nurse Salary$80,216/yr$78,131/yr3%Laramie (higher pay)
Teacher Salary$59,340/yr$51,687/yr13%Laramie (higher pay)
Electrician Salary$73,303/yr$63,125/yr14%Laramie (higher pay)
Plumber Salary$63,891/yr$55,650/yr13%Laramie (higher pay)

Who Benefits From Each City?

The "better" city depends on your situation. Here's how different profiles stack up:

๐Ÿ’ป

Remote Worker

โ†’ Laramie

If your salary doesn't depend on location, Laramie's 1% lower costs translate directly into more savings or disposable income. Your paycheck goes further without a pay cut.

๐Ÿš€

Young Professional

โ†’ Laramie

Both cities are moderately priced, but Laramie's lower costs help you build savings earlier in your career when compound growth matters most.

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Family with Kids

โ†’ Laramie

Families face multiplied costs โ€” housing, groceries, healthcare, and transportation all scale with household size. Laramie's 1% advantage compounds across every budget category.

๐Ÿช

Small Business Owner

โ†’ Laramie

Lower operating costs in Laramie mean lower break-even points. Rent, utilities, insurance, and labor all come in cheaper, giving new businesses more runway to reach profitability.

๐Ÿ–๏ธ

Retiree

โ†’ Laramie

On a fixed income, every percentage point matters. Laramie's lower healthcare, housing, and everyday costs help retirement savings last longer.

The Verdict

Laramie is 1% more affordable overall

Laramie wins 20 out of 38 cost categories.Cheyenne has higher costs but wins 18 categories.

Laramie
94
Cheyenne
95

Explore Each City

Laramie, WY
Pop: 33K | Index: 94
View all costs โ†’
Cheyenne, WY
Pop: 65K | Index: 95
View all costs โ†’

Explore Specific Costs

Dive deeper into specific cost topics for each city:

Frequently Asked Questions

How do housing costs compare between Laramie and Cheyenne?

Housing is typically the biggest cost difference between these cities. Laramie (index: 94) and Cheyenne (index: 95) differ by 1% overall, with housing costs often diverging even more than the average. Check the Cost of Living section above for specific figures.

Which city is better for remote workers?

For remote workers earning a location-independent salary, Laramie is the clear winner. The 1% cost advantage means more of your paycheck goes to savings or discretionary spending. Cheyenne makes more sense if your employer adjusts pay upward for that market.

What is the cost of living index for Laramie vs Cheyenne?

Laramie's cost of living index is 94; Cheyenne's is 95. A score of 100 represents the national average. Laramie is below average; Cheyenne is below average. These figures are derived from BLS and Census data.

Which city has better job opportunities?

Job market strength depends on your industry. Both cities have similar cost profiles, suggesting comparable job markets. Compare specific salary categories above for your field. Median incomes are $40K (Laramie) vs $59K (Cheyenne).

About This Comparison

Data SourcesBLS Consumer Expenditure Survey, Census Bureau ACS, HUD Fair Market Rent data, BLS OEWS (salary data), and regional industry surveys.
MethodologyEach city's costs are derived from national averages adjusted by city-specific cost-of-living indices. Category-specific sensitivity factors account for varying price elasticity across topic areas.
ConfidenceMEDIUMModel-derived estimates, not direct price surveys

Limitations: This comparison uses modeled data based on cost-of-living indices. Actual costs may vary based on neighborhood, timing, provider, and individual circumstances. Salary data reflects median full-time employment; contract and freelance rates differ. Last updated: March 2026.

โ† All ComparisonsLaramie costs โ†’Cheyenne costs โ†’