CostIndexUSA

Cheyenne, WY vs Denver, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWY
Cheyenne
96.5
overall index
$1,475/mo rent
CO
Denver
105.8
overall index
$1,850/mo rent

Cheyenne is moderately cheaper than Denver — 9.6% lower overall cost of living.

To match an $80,000 salary in Cheyenne, you would need $87,700 in Denver. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+63.6%
Cheyenne
89.8
Denver
146.9
🛒 Groceries+5.9%
Cheyenne
95.4
Denver
101
🚗 Transportation0.9%
Cheyenne
105.4
Denver
104.4
🏥 Healthcare0.9%
Cheyenne
95.4
Denver
94.5
Utilities+12.7%
Cheyenne
78
Denver
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Denver, CO
$87,700
$7,700 more needed in Denver

Formula: salary × (105.8 ÷ 96.5) = salary × 1.0964. Based on BEA Regional Price Parities.

Housing Market

Cheyenne, WY

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

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Denver has 63.6% higher housing costs compared to Cheyenne.

Income & Job Market

Cheyenne, WY

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

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Affordability at a Glance

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

Cheyenne, WY
4.2×income-to-rent ratio

76% of income left after rent (median)

Denver, CO
4.6×income-to-rent ratio

78% 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.