Cost of Living in Lincoln County, Wyoming

$868/mo
Median Monthly Rent
$334,500
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$868/mo
7% below state average
Median Home Value
$334,500
19% above national
Rent-to-Income Ratio
21.0%
% 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 Lincoln County Compares

Median monthly rent comparison

Lincoln County$868/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$868/mo
Median Gross Rent
$334,500
Median Home Value
$966/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lincoln County, Wyoming

Lincoln County: America's Affordable Outlier

Lincoln County boasts the nation's standout rent-to-income ratio of just 12.1%, with median household income of $86,092 soaring 15% above the national average of $74,755. This combination creates one of the most economically favorable housing markets visible in recent data.

Most Affordable County in Wyoming

Lincoln County's 12.1% rent-to-income ratio easily beats Wyoming's state average of 15.5%, ranking as the state's most housing-affordable county among those surveyed. High incomes ($86,092 median) paired with reasonable rents ($868/month) create a rare surplus of household financial breathing room.

Modest Rents, Exceptional Wages

Lincoln County's median rent of $868/month runs 7% below the state average despite the highest median income in Wyoming, a powerful affordability advantage. Median home values of $334,500 are the second-highest in the survey, yet incomes support ownership more comfortably than anywhere else in the state.

Lincoln's Exceptional Financial Cushion

Renters pay just $868 monthly while homeowners invest $966—both remarkably low relative to a median household income of $86,092. This means Lincoln County households direct only 12.1% of income to housing, freeing up over 88% for savings, investment, and quality of life—a luxury most American counties cannot claim.

Lincoln County: Wyoming's Best-Kept Secret

If you prioritize affordability paired with strong household income, Lincoln County is Wyoming's standout opportunity—the lowest rent-to-income ratio and highest median wages in the survey. Relocating here could instantly improve your financial flexibility; compare Lincoln's numbers against your current housing burden before passing it by.

Affordability Calculator

See how your income compares to housing costs in Lincoln County

$

Rent Burden

12.1%

of gross income

Max Housing (28% Rule)

$2,009

per month

Owner Cost Burden

13.5%

of gross income

The median home in Lincoln County may be a stretch

Median home value is $334,500. Estimated monthly cost: $2,670 vs. your max of $2,009.

Rent Affordability Guide

Your rent-to-income ratio12.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lincoln County, Wyoming?
Lincoln County, Wyoming has a median monthly rent of $868/mo and a median home value of $334,500. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Lincoln County?
The median gross rent in Lincoln County is $868/mo. This is 7% below state average for Wyoming.
Is Lincoln County affordable?
Lincoln County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lincoln County's rent compare to the state average?
Lincoln County's median rent of $868/mo is 7% below state average of $937/mo for Wyoming.
What is the median home value in Lincoln County?
The median home value in Lincoln County, Wyoming is $334,500. This is 19% above 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.