CostIndexUSA

Boulder, CO vs Cheyenne, WY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Boulder
105.2
overall index
$2,250/mo rent
More AffordableWY
Cheyenne
96.5
overall index
$1,475/mo rent

Cheyenne is moderately cheaper than Boulder — 8.3% lower overall cost of living.

To match an $80,000 salary in Boulder, you would need $73,400 in Cheyenne. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing42.8%
Boulder
157
Cheyenne
89.8
🛒 Groceries0.7%
Boulder
96.1
Cheyenne
95.4
🚗 Transportation+0.6%
Boulder
104.8
Cheyenne
105.4
🏥 Healthcare+0.6%
Boulder
94.8
Cheyenne
95.4
Utilities5.7%
Boulder
82.7
Cheyenne
78

Salary Equivalency Calculator

Enter your current salary in Boulder to see what you'd need to earn in Cheyenne to maintain the same purchasing power.

$
Equivalent salary in Cheyenne, WY
$73,400
$6,600 less needed in Cheyenne

Formula: salary × (96.5 ÷ 105.2) = salary × 0.9173. Based on BEA Regional Price Parities.

Housing Market

Boulder, CO

Median Home Price
$702,000
Median Monthly Rent
$2,250
Housing Index
157
Price-to-Rent Ratio
26.0×

Cheyenne, WY

Median Home Price
$377,000
Median Monthly Rent
$1,475
Housing Index
89.8
Price-to-Rent Ratio
21.3×

Boulder has 42.8% lower housing costs compared to Cheyenne.

Income & Job Market

Boulder, CO

Median Household Income
$95,400
Per Capita Income
$54,400
Unemployment Rate
4.7%
Population
105,112
Top Industries
TechnologyEducationResearchHealthcareOutdoor Recreation

Cheyenne, WY

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
5.4%
Population
63,957
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boulder, CO
3.5×income-to-rent ratio

72% of income left after rent (median)

Cheyenne, WY
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.