CostIndexUSA

Casper, WY vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WY
Casper
93.8
overall index
$1,225/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is slightly cheaper than Casper — 1.2% lower overall cost of living.

To match an $80,000 salary in Casper, you would need $79,100 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing3.5%
Casper
74.2
Springfield
71.6
🛒 Groceries1.9%
Casper
95.4
Springfield
93.6
🚗 Transportation0.8%
Casper
105.4
Springfield
104.6
🏥 Healthcare0.8%
Casper
95.4
Springfield
94.6
Utilities+14.6%
Casper
78.9
Springfield
90.4

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, IL
$79,100
$900 less needed in Springfield

Formula: salary × (92.7 ÷ 93.8) = salary × 0.9883. Based on BEA Regional Price Parities.

Housing Market

Casper, WY

Median Home Price
$302,000
Median Monthly Rent
$1,225
Housing Index
74.2
Price-to-Rent Ratio
20.5×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Casper has 3.5% lower housing costs compared to Springfield.

Income & Job Market

Casper, WY

Median Household Income
$73,200
Per Capita Income
$41,700
Unemployment Rate
3.2%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

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

Casper, WY
5.0×income-to-rent ratio

80% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% 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.