Albany County · Wyoming · West · 32k residents
Laramie, WY: economy, jobs & business costs
The site-selection read on Laramie: labor costs, talent, corporate tax, energy, and business activity, with the Wyoming median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,058/wk. Wyoming's corporate income tax rate is 0%. Commercial electricity averages 9.3¢/kWh.
Compare Laramie side by side
Avg. weekly wage
$1,058/wk
Corporate income tax
0%
Bachelor's degree or higher
56.2%
Commercial electricity
9.3¢/kWh
Economic momentum
How fast Laramie's economy is moving, ranked against the US cities we track.
40/100
Steady
Ranks Laramie's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $319,500 |
| Price per sq. ft. | $210 |
| Property tax rate | 0.56% |
| 1-bedroom rent | $739/mo |
| 2-bedroom rent | $903/mo |
| State & local income tax | 0% |
| Sales tax | 5.4% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,058/wk |
| Bachelor's degree or higher | 56.2% |
| Commercial electricity | 9.3¢/kWh |
| Businesses per 1k residents | 43.0/1k |
| Wage: Software developer | $115,170 |
| Wage: Registered nurse | $83,760 |
| Wage: General manager | $99,700 |
| Wage: Customer service | $42,340 |
| Wage: Warehouse worker | $39,580 |
| Wage: Heavy truck driver | $60,310 |
| Wage: Electrician | $76,120 |
| Wage: Retail salesperson | $34,310 |
| Cost of living index | 86 |
| Groceries index | 99 |
| Utilities | $135/mo |
| Transit pass | $35/mo |
| Gas price | $3.15/gal |
| Healthcare index | 98 |
| Childcare (per child) | $900/mo |
| Median household income | $55,613 |
| Unemployment rate | 3.2% |
| Population | 32k |
| Crime index | 40/100 |
| School rating | 6.2/10 |
| Walkability | 30/100 |
| Disaster risk | 49/100 |
| Avg. commute | 18 min |
| Sunny days / year | 220 days |
| July high | 81°F |
| January low | 8°F |
| Annual snowfall | — |
| Home price YoY | +0.3% |
| Home price MoM | +0.1% |
| Rent YoY | +3.0% |
| Rent MoM | +0.2% |
| Employment (jobs) YoY | +0.4% |
| Building permits YoY | -37.2% |
| Ocean coast | 857 mi |
| Big lake | 202 mi |
| Mountains | 8 mi |
| Major airport | 111 mi |
| Ski resort | 87 mi |
Popular comparisons
Nearby
- Cheyenne, WY · 65k
- Casper, WY · 59k
- Rock Springs, WY · 23k
- Gillette, WY · 33k
- Sheridan, WY · 19k
Real listings in Laramie
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Laramie a good place to run a business?
- Wyoming's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,058/wk; commercial electricity averages 9.3¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Laramie, WY?
- Laramie indexes at 86 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $903/mo and a acs median home value of $319,500.
- How much does a house cost in Laramie?
- The acs median home value in Laramie is $319,500 (Census ACS estimate; individual listings vary).
- How much is rent in Laramie?
- A two-bedroom in Laramie rents for about $903/mo.