Cost of Living in Sublette County, Wyoming

$1,116/mo
Median Monthly Rent
$350,100
Median Home Value

At a Glance

Median Monthly Rent
$1,116/mo
19% above state average
Median Home Value
$350,100
24% above national
Rent-to-Income Ratio
29.0%
% 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 Sublette County Compares

Median monthly rent comparison

Sublette County$1,116/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$1,116/mo
Median Gross Rent
$350,100
Median Home Value
$1,031/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Sublette County ranks #159 of 3,144 counties for affordability (top 5%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Sublette County, Wyoming

Sublette's rents exceed national affordability benchmarks

At 16.2% of household income, Sublette County renters face housing costs above the typical U.S. burden. The county's median rent of $1,116 per month ranks among Wyoming's steepest, driven by energy-sector wages and seasonal demand.

Sublette ranks high among Wyoming affordability challenges

With a 16.2% rent-to-income ratio, Sublette slightly exceeds Wyoming's 15.5% state average. The county stands as one of the pricier rental markets statewide, second only to Teton in terms of housing affordability pressure.

Sublette's rents stand out among mountain counties

Sublette's $1,116 median rent significantly exceeds Sheridan ($950) and Sweetwater ($913), making it the rental leader outside Teton County. This premium reflects the county's tight housing market and robust extractive industry employment.

Higher incomes don't offset Sublette's housing costs

Despite earning $82,791 median household income—above the national average—Sublette renters spend $1,116 monthly, consuming 16.2% of income. Homeowners face even steeper obligations with $1,031 monthly payments, nearly 15% of household income dedicated to mortgages.

Sublette appeals to high earners willing to pay

Remote workers and energy professionals considering relocation should weigh Sublette's above-average incomes against its premium housing costs. The county's robust household earnings ($82,791) help offset elevated rent, but it remains pricier than neighboring alternatives.

Cost of Living Advisory: Sublette County

Affordability Verdict

Sublette County is affordable for renters, with a median gross rent of $1,116/month representing approximately 16.2% of median household income. The rent burden (GRAPI) stands at 29.0%.

Rent vs. Own

The median rent in Sublette County is $1,116/month, while owner costs run $1,031/month. Owning saves approximately $85/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $44,640/year. For owner costs at the 28% rule, the required income is roughly $44,186/year. With a median household income of $82,791, most households can comfortably afford rent here. Notably, 29.0% of renter households in Sublette County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Wyoming, Sublette County is more affordable than Hot Springs County by roughly 14% ($1,116/mo vs $976/mo).

Affordability Calculator

See how your income compares to housing costs in Sublette County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,932

per month

Owner Cost Burden

14.9%

of gross income

The median home in Sublette County may be a stretch

Median home value is $350,100. Estimated monthly cost: $2,795 vs. your max of $1,932.

Rent Affordability Guide

Your rent-to-income ratio16.2%
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: $82,791Needed: $44,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,791Needed: $44,186
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,791Needed: $81,478

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 Sublette County, Wyoming?
Sublette County, Wyoming has a median monthly rent of $1,116/mo and a median home value of $350,100. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Sublette County?
The median gross rent in Sublette County is $1,116/mo. This is 19% above state average for Wyoming.
Is Sublette County affordable?
Sublette County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sublette County's rent compare to the state average?
Sublette County's median rent of $1,116/mo is 19% above state average of $937/mo for Wyoming.
What is the median home value in Sublette County?
The median home value in Sublette County, Wyoming is $350,100. This is 24% above 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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