Cost of Living in Niobrara County, Wyoming

$775/mo
Median Monthly Rent
$194,200
Median Home Value

At a Glance

Median Monthly Rent
$775/mo
17% below state average
Median Home Value
$194,200
31% below national
Rent-to-Income Ratio
24.0%
% 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 Niobrara County Compares

Median monthly rent comparison

Niobrara County$775/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$775/mo
Median Gross Rent
$194,200
Median Home Value
$674/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Niobrara County ranks #1,411 of 3,144 counties for affordability (top 45%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Niobrara County, Wyoming

Niobrara County: Rural Affordability, Low Wages

Niobrara County's rent-to-income ratio of 19% reflects the harsh reality of rural Wyoming: low housing costs ($775/month rent) paired with notably low median household income of just $48,987, nearly 35% below the national average. This county demonstrates how rural affordability can mask underlying economic fragility.

Second-Most Strained in Wyoming

Niobrara County's 19% rent-to-income ratio ranks second-highest among Wyoming's eight surveyed counties, trailing only Johnson County's crisis-level 20.3%. Despite the lowest rents in the survey, Niobrara's weak income base pushes residents into significant housing cost burden.

Lowest Rents, Lowest Incomes

Niobrara's median rent of $775/month is Wyoming's lowest, running 17% below the state average, yet median household income of $48,987 is the lowest in the survey—a 34% gap below state median earnings. This imbalance explains why low rent doesn't translate to affordability.

Niobrara's Economic Strain

Renters pay $775 monthly while homeowners carry $674—ownership costs are the second-lowest in the survey—yet median household income of $48,987 forces families to allocate 19% to rent. That leaves Niobrara households with limited cushion for savings, healthcare, and unexpected expenses despite rock-bottom rents.

Niobrara County: Proceed With Income Caution

Cheap rent alone doesn't make a county affordable; Niobrara's low wages ($48,987 median) mean housing cost burden rivals more expensive counties with better jobs. Only relocate here if you have remote income or a specific job opportunity; otherwise, compare to counties like Lincoln or Platte where wages offer real relief.

Cost of Living Advisory: Niobrara County

Affordability Verdict

Niobrara County is affordable for renters, with a median gross rent of $775/month representing approximately 19.0% of median household income. The rent burden (GRAPI) stands at 24.0%.

Rent vs. Own

Renters in Niobrara County pay $775/month on average, compared to $674/month for homeowners. This market favors buyers by about 13%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,000/year. For owner costs at the 28% rule, the required income is roughly $28,886/year. With a median household income of $48,987, most households can comfortably afford rent here. Notably, 24.0% of renter households in Niobrara County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Wyoming, Niobrara County is more affordable than Weston County by roughly 12% ($775/mo vs $694/mo).

Affordability Calculator

See how your income compares to housing costs in Niobrara County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$1,143

per month

Owner Cost Burden

16.5%

of gross income

The median home in Niobrara County may be a stretch

Median home value is $194,200. Estimated monthly cost: $1,550 vs. your max of $1,143.

Rent Affordability Guide

Your rent-to-income ratio19.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,987Needed: $31,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,987Needed: $28,886
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,987Needed: $45,196

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 Niobrara County, Wyoming?
Niobrara County, Wyoming has a median monthly rent of $775/mo and a median home value of $194,200. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Niobrara County?
The median gross rent in Niobrara County is $775/mo. This is 17% below state average for Wyoming.
Is Niobrara County affordable?
Niobrara County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Niobrara County's rent compare to the state average?
Niobrara County's median rent of $775/mo is 17% below state average of $937/mo for Wyoming.
What is the median home value in Niobrara County?
The median home value in Niobrara County, Wyoming is $194,200. This is 31% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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