Cost of Living in Sweetwater County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Sweetwater County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Sweetwater County ranks #1,600 of 3,144 counties for affordability (bottom 49%)
Data Story
About Cost of Living in Sweetwater County, Wyoming
Sweetwater delivers rare housing affordability
Sweetwater County renters spend just 14.3% of income on housing—well below the national squeeze and a rare bright spot for affordability in the Mountain West. This advantage stems from moderate rents ($913/month) paired with healthy median household income of $76,464.
Sweetwater ranks among Wyoming's most affordable
At 14.3%, Sweetwater's rent-to-income ratio beats Wyoming's 15.5% state average by 1.2 percentage points. The county stands out as genuinely accessible, ranking in the top tier for housing affordability statewide.
Sweetwater undercuts most neighboring counties
Sweetwater's $913 rent falls below Sheridan ($950) and well below Sublette ($1,116), making it the affordable rental choice in its region. Only Washakie County offers lower rents, but Sweetwater pairs those savings with stronger household incomes.
Sweetwater balances income and housing costs efficiently
On a $76,464 median household income, Sweetwater renters allocate just $913 monthly to rent—14.3% of earnings. Homeowners pay $1,027 monthly, representing about 16% of household income, a reasonable burden for owner-occupied housing.
Sweetwater is Wyoming's affordability sweet spot
If housing costs concern you, Sweetwater delivers competitive rents without sacrificing income potential. Compare its 14.3% rent-to-income ratio against Teton (18.7%) or even national averages, and you'll find genuine savings waiting.
Cost of Living Advisory: Sweetwater County
Affordability Verdict
For renters in Sweetwater County, the market is affordable. Expect to pay around $913/month in gross rent, with 24.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Sweetwater County is $913/month, while owner costs run $1,027/month. Renting saves approximately $114/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,520/year. For owner costs at the 28% rule, the required income is roughly $44,014/year. With a median household income of $76,464, most households can comfortably afford rent here. Notably, 24.0% of renter households in Sweetwater County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Wyoming, Sweetwater County is more affordable than Fremont County by roughly 6% ($913/mo vs $858/mo).
Affordability Calculator
See how your income compares to housing costs in Sweetwater County
Rent Burden
14.3%
of gross income
Max Housing (28% Rule)
$1,784
per month
Owner Cost Burden
16.1%
of gross income
The median home in Sweetwater County may be a stretch
Median home value is $242,900. Estimated monthly cost: $1,939 vs. your max of $1,784.
Rent Affordability Guide
Income Needed Calculator
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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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