States › Wyoming › Lander

Is Lander, WY expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,08638% lower than U.S. average
💵 Families earn per year (2026)$80,686about $6,724/month · 7% lower than U.S. average
🔑 House price$337,1001% higher than U.S. average

Rent is lower than in 83% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are short, about 13.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $43,440 a year. That is $21 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 9 of 17 cities from cheapest to most expensive.

Lander
$1,086
Rawlins
$786
Powell
$729
Douglas
$963
Torrington
$814
Ranchettes
$881
Cody
$1,627

How much do households earn in Lander?

Under $25k
13.4%
$25k–50k
23.2%
$50k–100k
37.7%
$100k–150k
16.6%
$150k+
6.7%

Share of households by yearly income. 23.2% of households earn $100,000 or more.

Rent by apartment size in Lander

SizeLanderU.S. average
1 bedroom$858$1,324
2 bedrooms$1,009$1,509
3 bedrooms$1,232$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lander overall?

Everyday prices in Wyoming overall are 7% below the U.S. average (index 92.7, U.S. = 100).

Housing
71
Goods (food, clothes…)
95
Utilities
78
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lander, so the Wyoming figure is shown.

Taxes and bills in Lander

🏛️ Property tax$1,915a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$87a month (typical) · U.S. $156

Life in Lander

Commute to work13.6 minU.S.: 26.4 min
College degree42.3%U.S.: 35.7%
Own their home66.7%U.S.: 65.2%
Below poverty line9.5%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Lander?

Renting is cheaper right now: about $1,253 a month less.

Renting
$1,086
Owning
$2,339

Owning assumes a typical $337,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,710 for the down payment.

Frequently asked questions

What is the average rent in Lander, WY?

Renting in Lander costs a median of about $1,086 a month in 2026, including utilities. The Wyoming median is $1,086.

How much do I need to make to live in Lander?

To keep rent under 30% of income, you need about $43,440 a year, or $21 an hour at a full-time job.

Is Lander cheap or expensive?

Lander is rated Cheap: rent takes 16.2% of the typical household income of $80,686. It ranks 9th cheapest of 17 Wyoming cities we track.

How much are property taxes in Lander?

The median homeowner in Lander pays $1,915 a year in property taxes, about 0.57% of the median home value.

Is Lander 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 Lander?

The median home value in Lander is $337,100, about 4.2 times the typical yearly household income.

7,432 people live in Lander. Numbers are typical (middle) values.