Cost of Living in Goshen County, Wyoming

$759/mo
Median Monthly Rent
$234,600
Median Home Value
19% below state averageUnaffordable

At a Glance

Median Monthly Rent
$759/mo
19% below state average
Median Home Value
$234,600
17% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Goshen County Compares

Median monthly rent comparison

Goshen County$759/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$759/mo
Median Gross Rent
$234,600
Median Home Value
$870/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio14.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Goshen County, Wyoming?
Goshen County, Wyoming has a median monthly rent of $759/mo and a median home value of $234,600. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Goshen County?
The median gross rent in Goshen County is $759/mo. This is 19% below state average for Wyoming.
Is Goshen County affordable?
Goshen County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Goshen County's rent compare to the state average?
Goshen County's median rent of $759/mo is 19% below state average of $937/mo for Wyoming.
What is the median home value in Goshen County?
The median home value in Goshen County, Wyoming is $234,600. This is 17% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.