Cost of Living in Sweetwater County, Wyoming

$913/mo
Median Monthly Rent
$242,900
Median Home Value
3% below state averageUnaffordable

At a Glance

Median Monthly Rent
$913/mo
3% below state average
Median Home Value
$242,900
14% 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 Sweetwater County Compares

Median monthly rent comparison

Sweetwater County$913/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$913/mo
Median Gross Rent
$242,900
Median Home Value
$1,027/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio14.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Sweetwater County, Wyoming?
Sweetwater County, Wyoming has a median monthly rent of $913/mo and a median home value of $242,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Sweetwater County?
The median gross rent in Sweetwater County is $913/mo. This is 3% below state average for Wyoming.
Is Sweetwater County affordable?
Sweetwater 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 Sweetwater County's rent compare to the state average?
Sweetwater County's median rent of $913/mo is 3% below state average of $937/mo for Wyoming.
What is the median home value in Sweetwater County?
The median home value in Sweetwater County, Wyoming is $242,900. This is 14% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.