Cost of Living in Riverton, WY

Housing

The housing market plays a significant role in determining the cost of living in Riverton, WY.

• Housing Index: 90.0 / 100
• Median Home Price is: $263000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1500 per month

Considering a move to Riverton, WY? With a housing index of 90.0, it offers a more affordable living environment compared to many other areas nationwide. The median home price of 263000 makes home ownership within reach, and rents for 2-bedroom apartments and houses are competitive at 1200 and 1500 respectively. Keep in mind that the cost of living may vary, so it’s wise to weigh these housing costs alongside your salary potential and lifestyle preferences as you contemplate your move.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Riverton, WY.

• Electricity Price: 12.9 USD (median by state)
• Natural Gas Price: $13.51 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Riverton, WY could entail higher utility costs. Electricity costs sit at 12.9, while natural gas is priced at 13.51 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $50861

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Riverton, WY, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.