salaryRent is lower than in 51% of U.S. cities. A typical house costs about 4.8 years of household income. Commutes are short, about 9.5 minutes.
How much money do I need?
To rent here comfortably, you should earn about $65,080 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Wyoming cities?
No. Rent here is more expensive than in most of Wyoming. It is number 16 of 17 cities from cheapest to most expensive.
How much do households earn in Cody?
Share of households by yearly income. 23.3% of households earn $100,000 or more.
Rent by apartment size in Cody
| Size | Cody | U.S. average |
|---|---|---|
| 1 bedroom | $597 | $1,324 |
| 2 bedrooms | $1,052 | $1,509 |
| 3 bedrooms | $1,518 | $1,698 |
| 4 bedrooms | $1,744 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cody overall?
Everyday prices in Wyoming overall are 7% below the U.S. average (index 92.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cody, so the Wyoming figure is shown.
Taxes and bills in Cody
Life in Cody
Is it cheaper to rent or buy in Cody?
Renting is cheaper right now: about $999 a month less.
Owning assumes a typical $378,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,850 for the down payment.
Frequently asked questions
What is the average rent in Cody, WY?
Renting in Cody costs a median of about $1,627 a month in 2026, including utilities. The Wyoming median is $1,086.
How much do I need to make to live in Cody?
To keep rent under 30% of income, you need about $65,080 a year, or $31 an hour at a full-time job.
Is Cody cheap or expensive?
Cody is rated OK: rent takes 24.9% of the typical household income of $78,267. It ranks 16th cheapest of 17 Wyoming cities we track.
How much are property taxes in Cody?
The median homeowner in Cody pays $2,247 a year in property taxes, about 0.59% of the median home value.
Is Cody more expensive than the national average?
Overall prices in Wyoming are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cody?
The median home value in Cody is $378,500, about 4.8 times the typical yearly household income.
10,276 people live in Cody. Numbers are typical (middle) values.