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Laramie, WY

Cost of living in Albany County, WY

Estimated monthly cost
$2,357/mo
for a single person, all categories combined

Population 37,713 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $808 34%
Healthcare $480 20%
Groceries $332 14%
Federal tax $277 12%
Transport $250 11%
Energy $150 6%
Water $60 3%
State tax $0 0%

Rent in Albany County

Fair Market Rents by bedroom count.

Studio
$712
per month
1 bedroom
$808
per month
2 bedroom
$990
per month
3 bedroom
$1,387
per month
4 bedroom
$1,662
per month

Source: HUD FMR FY2025

Income and earnings in Albany County

Annual earnings figures from the Census ACS.

Household income
$59,881
per year
Individual earnings
$27,012
per year
Per capita
$37,277
per year

Source: ACS 2019-2023 5-Year.

Home values in Albany County

Average values reported by homeowners.

Average home value
$322,100
Annual property tax
$1,846

Source: ACS 2019-2023 5-Year

Energy costs in Albany County

Estimated monthly electricity and gas costs.

Electricity
$98
per month · 12.3¢/kWh
Natural gas
$52
per month
Annual total
$1,800
per year

Source: EIA

Healthcare in Albany County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
7.8%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Albany County

State and local tax rates for Wyoming.

No state income tax
Wyoming does not levy a personal income tax.
State sales tax
4.0%
Combined sales tax
5.4%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Albany County

Commute patterns and estimated costs.

Average commute
14.8 min
Drive alone
67.1%
Public transit
1.9%
Work from home
8.9%

Source: ACS

Monthly cost estimates for Albany County

What it costs to live in Albany County each month.

Single person
$2,357
per month
  • Rent $808
  • Energy $150
  • Water $60
  • Groceries $332
  • Transport $250
  • Healthcare $480
  • Federal tax $277
  • State tax $0
Couple
$3,654
per month
  • Rent $990
  • Energy $180
  • Water $70
  • Groceries $550
  • Transport $350
  • Healthcare $864
  • Federal tax $650
  • State tax $0
Family
$6,182
per month
  • Rent $1,387
  • Energy $225
  • Water $85
  • Groceries $835
  • Transport $450
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $650
  • State tax $0

Frequently asked questions about Albany County

Common questions about cost of living, rent and salary.

What is the average rent in Albany County?

In Albany County, WY, a one-bedroom apartment averages $808 per month, a two-bedroom averages $990 per month, a three-bedroom averages $1,387 per month, according to HUD Fair Market Rent data.

What is the average salary in Albany County?

In Albany County, WY, the average household income is $59,881 per year and individual earnings for full-time workers average $27,012 per year, according to U.S. Census Bureau data.

What is the cost of living in Albany County?

The estimated cost of living in Albany County, WY is approximately $2,357 per month for a single person, $3,654 for a couple, $6,182 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Albany County?

The combined sales tax rate in Albany County, WY is 5.36%, which includes the Wyoming state rate of 4.00% plus an average local rate of 1.36%.

Is Albany County an affordable place to live?

Based on the data, a single person in Albany County, WY would need approximately $2,357 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $59,881 per year ($4,990 per month). Albany County is relatively affordable compared to the national average.

How much does healthcare cost in Albany County?

The ACA marketplace benchmark premium in Albany County, WY is approximately $480 per month for an individual. Approximately 7.8% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Albany County?

The average home value in Albany County, WY is $322,100, with average annual property taxes of $1,846, according to U.S. Census Bureau data.

How does Albany County compare to other areas?

You can compare Albany County, WY with any other US county using our comparison tool at /compare. Albany County is in the Laramie, WY metro area.

Other counties in Wyoming

Browse the full list of counties in Wyoming, ranked by cost of living.

See all counties in Wyoming

Compare Albany County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources