Cost of Living in Lincoln County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lincoln County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lincoln County ranks #265 of 3,144 counties for affordability (top 8%)
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.
Cost of Living Advisory: Lincoln County
Affordability Verdict
For renters in Lincoln County, the market is affordable. Expect to pay around $868/month in gross rent, with 21.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Lincoln County pay $868/month on average, compared to $966/month for homeowners. This market favors renters by about 10%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,720/year. For owner costs at the 28% rule, the required income is roughly $41,400/year. With a median household income of $86,092, most households can comfortably afford rent here. Notably, 21.0% of renter households in Lincoln County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Lincoln County sits 7% less expensive than Converse County ($930/month) in terms of median gross rent.
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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