Cost of Living in Platte County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Platte County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Platte County, Wyoming
Platte County: Affordable by Any Measure
Platte County's rent-to-income ratio of 13.5% ranks among America's most affordable housing markets, well below the national benchmark, with median household income of $66,299 approaching the national average of $74,755. This county demonstrates that Wyoming's smaller markets can deliver genuine affordability without sacrificing economic viability.
Wyoming's Second-Most Affordable
Platte County's 13.5% rent-to-income ratio ranks second-best in Wyoming, trailing only Lincoln County's exceptional 12.1%. Among the eight surveyed counties, Platte represents one of the state's strongest affordability stories, with rents and incomes in genuine balance.
Lowest Rents in the Survey
Platte County's median rent of $745/month stands as the lowest in the entire survey, running 20% below the state average, while median home values of $248,900 sit squarely in the affordable band. This rare combination of low rents and reasonable home prices makes Platte an outlier opportunity.
Platte County's Exceptional Value
Renters pay just $745 monthly while homeowners invest $834—both among the survey's lowest costs—and median household income of $66,299 means families allocate only 13.5% to rent. This leaves Platte County households with over 86% of income available for savings, emergencies, and quality-of-life investments.
Platte County: Hidden Gem for Affordability
If you're relocating for cost of living and don't require metro amenities, Platte County delivers Wyoming's second-best rent-to-income ratio (13.5%) and the lowest rents statewide at $745/month. Compare Platte to Lincoln if both offer job prospects; either choice positions you in the state's genuine affordability tier.
Affordability Calculator
See how your income compares to housing costs in Platte County
Rent Burden
13.5%
of gross income
Max Housing (28% Rule)
$1,547
per month
Owner Cost Burden
15.1%
of gross income
The median home in Platte County may be a stretch
Median home value is $248,900. Estimated monthly cost: $1,987 vs. your max of $1,547.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Platte County, Wyoming?
What is the median rent in Platte County?
Is Platte County affordable?
How does Platte County's rent compare to the state average?
What is the median home value in Platte County?
Planning a Move?
Researching the cost of living in Platte County, Wyoming? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Platte County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.