Cost of Living in Goshen County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Goshen County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Goshen County ranks #1,229 of 3,144 counties for affordability (top 39%)
Data Story
About Cost of Living in Goshen County, Wyoming
Goshen's Rents Significantly Undercut National
Goshen County renters spend just 14.0% of income on rent, well below the national average of roughly 13–15%, reflecting genuinely low housing costs. The county's median household income of $64,882 sits 13% below the national median of $74,755, yet housing affordability remains surprisingly strong.
Wyoming's Most Affordable Rents
Goshen ranks among Wyoming's most affordable counties for renters at 14.0%, below the state average of 15.5%. At $759 monthly, Goshen offers the absolute lowest rents among all eight counties, providing substantial relief for households on tight budgets.
Rent Champion of the Region
Goshen's $759 monthly rent dramatically undercuts all neighbors: Fremont ($858), Carbon ($894), Big Horn ($876), and others are all meaningfully more expensive. Home costs ($870/month) sit mid-range, making Goshen exceptional for renters but only moderately attractive for homebuyers.
Exceptional Rental Market Strength
Goshen renters spend just $759 monthly—only 14.0% of the $64,882 median income—among the tightest ratios in the state. Homeowners pay $870 (16.1% of income), creating an unusual situation where renting offers more affordability than ownership.
Renters' First Choice in Wyoming
If renting is your path, Goshen County is unbeatable: $759 monthly rent requires just 14% of median income. This county's ultra-low rents make it ideal for workers relocating on modest salaries, though homebuyers may find better value in peers like Big Horn or Carbon.
Cost of Living Advisory: Goshen County
Affordability Verdict
For renters in Goshen County, the market is affordable. Expect to pay around $759/month in gross rent, with 26.0% of renter households considered cost-burdened.
Rent vs. Own
At $759/month rent versus $870/month in owner costs, renting is roughly $111/month cheaper — a 13% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,360/year. For owner costs at the 28% rule, the required income is roughly $37,286/year. With a median household income of $64,882, most households can comfortably afford rent here. Notably, 26.0% of renter households in Goshen County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Weston County where rent averages $694/month, Goshen County is approximately 9% more expensive.
Affordability Calculator
See how your income compares to housing costs in Goshen County
Rent Burden
14.0%
of gross income
Max Housing (28% Rule)
$1,514
per month
Owner Cost Burden
16.1%
of gross income
The median home in Goshen County may be a stretch
Median home value is $234,600. Estimated monthly cost: $1,873 vs. your max of $1,514.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Goshen County, Wyoming?
What is the median rent in Goshen County?
Is Goshen County affordable?
How does Goshen County's rent compare to the state average?
What is the median home value in Goshen County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Goshen County, Wyoming? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Goshen County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.