Cost of Living in Natrona County, Wyoming

$973/mo
Median Monthly Rent
$260,400
Median Home Value
4% above state averageUnaffordable

At a Glance

Median Monthly Rent
$973/mo
4% above state average
Median Home Value
$260,400
8% below national
Rent-to-Income Ratio
27.0%
% 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 Natrona County Compares

Median monthly rent comparison

Natrona County$973/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$973/mo
Median Gross Rent
$260,400
Median Home Value
$1,099/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Natrona County, Wyoming

Natrona: Slightly Above National Affordability

Natrona County's rent-to-income ratio of 16.4% sits comfortably within the national comfort zone, though median household income of $71,247 runs 5% below the national average of $74,755. Renters here face moderate pressure, neither exceptionally strained nor exceptionally comfortable by national standards.

Near-Average Affordability for Wyoming

Natrona County's 16.4% rent-to-income ratio ranks just slightly above Wyoming's state average of 15.5%, placing it firmly in the state's middle tier. Among the eight surveyed counties, Natrona represents the typical Wyoming housing market experience.

Market Rates in a Mid-Size County

Natrona's median rent of $973/month runs just 4% above the state average and reflects its position as Wyoming's second-largest metro area, anchored by Casper. Home values of $260,400 sit at the middle of the regional range, with ownership costs of $1,099/month pulling above renting by a substantial margin.

Natrona's Housing-Income Balance

Renters dedicate $973 monthly while homeowners carry $1,099, with median household income of $71,247 meaning families allocate 16.4% to rent—slightly strained but sustainable. The ownership premium of $126/month positions Natrona's housing market between pure affordability and true scarcity.

Natrona Offers Wyoming's Middle Ground

Natrona County delivers mid-market housing costs in Wyoming's second-largest job center, making it a smart option if you want regional opportunity without Laramie's premium pricing. Run the numbers against smaller counties like Platte or Lincoln to see if the extra metro amenities justify the slightly higher cost structure.

Affordability Calculator

See how your income compares to housing costs in Natrona County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,662

per month

Owner Cost Burden

18.5%

of gross income

The median home in Natrona County may be a stretch

Median home value is $260,400. Estimated monthly cost: $2,079 vs. your max of $1,662.

Rent Affordability Guide

Your rent-to-income ratio16.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Natrona County, Wyoming?
Natrona County, Wyoming has a median monthly rent of $973/mo and a median home value of $260,400. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Natrona County?
The median gross rent in Natrona County is $973/mo. This is 4% above state average for Wyoming.
Is Natrona County affordable?
Natrona County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Natrona County's rent compare to the state average?
Natrona County's median rent of $973/mo is 4% above state average of $937/mo for Wyoming.
What is the median home value in Natrona County?
The median home value in Natrona County, Wyoming is $260,400. This is 8% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Natrona County, Wyoming? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Natrona County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.