States › Wyoming › Powell

Is Powell, WY expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$72958% lower than U.S. average
💵 Families earn per year (2026)$68,510about $5,709/month · 21% lower than U.S. average
🔑 House price$289,40013% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 4.2 years of household income. Commutes are short, about 18.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $29,160 a year. That is $14 an hour at a full-time job.

Is rent cheaper than other Wyoming cities?

Yes. Rent here is cheaper than in most of Wyoming. It is number 1 of 17 cities from cheapest to most expensive.

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

How much do households earn in Powell?

Under $25k
17.6%
$25k–50k
24.1%
$50k–100k
40.3%
$100k–150k
5.8%
$150k+
8.8%

Share of households by yearly income. 14.5% of households earn $100,000 or more.

Rent by apartment size in Powell

SizePowellU.S. average
1 bedroom$678$1,324
2 bedrooms$814$1,509
3 bedrooms$1,154$1,698

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

How expensive is Powell 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 Powell, so the Wyoming figure is shown.

Taxes and bills in Powell

🏛️ Property tax$1,845a year · 0.64% of home value · U.S. $3,119
⚡ Electric bill$127a month (typical) · U.S. $156

Life in Powell

Commute to work18.2 minU.S.: 26.4 min
College degree35.6%U.S.: 35.7%
Own their home69.6%U.S.: 65.2%
Below poverty line12.8%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Powell?

Renting is cheaper right now: about $1,279 a month less.

Renting
$729
Owning
$2,008

Owning assumes a typical $289,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,940 for the down payment.

Frequently asked questions

What is the average rent in Powell, WY?

Renting in Powell costs a median of about $729 a month in 2026, including utilities. The Wyoming median is $1,086.

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

To keep rent under 30% of income, you need about $29,160 a year, or $14 an hour at a full-time job.

Is Powell cheap or expensive?

Powell is rated Cheap: rent takes 12.8% of the typical household income of $68,510. It ranks 1st cheapest of 17 Wyoming cities we track.

How much are property taxes in Powell?

The median homeowner in Powell pays $1,845 a year in property taxes, about 0.64% of the median home value.

Is Powell 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 Powell?

The median home value in Powell is $289,400, about 4.2 times the typical yearly household income.

6,503 people live in Powell. Numbers are typical (middle) values.