States › Wyoming › Riverton

Is Riverton, WY expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,31525% lower than U.S. average
💵 Families earn per year (2026)$59,542about $4,962/month · 32% lower than U.S. average
🔑 House price$219,40034% lower than U.S. average

Rent is lower than in 68% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are short, about 14.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $52,600 a year. That is $25 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 15 of 17 cities from cheapest to most expensive.

Riverton
$1,315
Jackson
$2,227
Cody
$1,627
Green River
$977
Evanston
$1,247
Rawlins
$786
Lander
$1,086

How much do households earn in Riverton?

Under $25k
14.8%
$25k–50k
36.1%
$50k–100k
32.4%
$100k–150k
9.9%
$150k+
4.8%

Share of households by yearly income. 14.7% of households earn $100,000 or more.

Rent by apartment size in Riverton

SizeRivertonU.S. average
1 bedroom$684$1,324
2 bedrooms$940$1,509
3 bedrooms$1,309$1,698
4 bedrooms$1,665$2,098

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

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

Taxes and bills in Riverton

🏛️ Property tax$1,413a year · 0.64% of home value · U.S. $3,119
⚡ Electric bill$96a month (typical) · U.S. $156

Life in Riverton

Commute to work14.5 minU.S.: 26.4 min
College degree24.1%U.S.: 35.7%
Own their home55.1%U.S.: 65.2%
Below poverty line11.9%U.S.: 12.5%
Unemployment5.7%U.S.: 5.2%

Is it cheaper to rent or buy in Riverton?

Renting is cheaper right now: about $207 a month less.

Renting
$1,315
Owning
$1,522

Owning assumes a typical $219,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,940 for the down payment.

Frequently asked questions

What is the average rent in Riverton, WY?

Renting in Riverton costs a median of about $1,315 a month in 2026, including utilities. The Wyoming median is $1,086.

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

To keep rent under 30% of income, you need about $52,600 a year, or $25 an hour at a full-time job.

Is Riverton cheap or expensive?

Riverton is rated OK: rent takes 26.5% of the typical household income of $59,542. It ranks 15th cheapest of 17 Wyoming cities we track.

How much are property taxes in Riverton?

The median homeowner in Riverton pays $1,413 a year in property taxes, about 0.64% of the median home value.

Is Riverton 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 Riverton?

The median home value in Riverton is $219,400, about 3.7 times the typical yearly household income.

10,856 people live in Riverton. Numbers are typical (middle) values.