salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.8 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 $32,560 a year. That is $16 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 3 of 17 cities from cheapest to most expensive.
How much do households earn in Torrington?
Share of households by yearly income. 15.7% of households earn $100,000 or more.
Rent by apartment size in Torrington
| Size | Torrington | U.S. average |
|---|---|---|
| 1 bedroom | $611 | $1,324 |
| 2 bedrooms | $1,015 | $1,509 |
| 3 bedrooms | $1,339 | $1,698 |
| 4 bedrooms | $1,348 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Torrington 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 Torrington, so the Wyoming figure is shown.
Taxes and bills in Torrington
Life in Torrington
Is it cheaper to rent or buy in Torrington?
Renting is cheaper right now: about $556 a month less.
Owning assumes a typical $197,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,750 for the down payment.
Frequently asked questions
What is the average rent in Torrington, WY?
Renting in Torrington costs a median of about $814 a month in 2026, including utilities. The Wyoming median is $1,086.
How much do I need to make to live in Torrington?
To keep rent under 30% of income, you need about $32,560 a year, or $16 an hour at a full-time job.
Is Torrington cheap or expensive?
Torrington is rated Cheap: rent takes 18.9% of the typical household income of $51,662. It ranks 3rd cheapest of 17 Wyoming cities we track.
How much are property taxes in Torrington?
The median homeowner in Torrington pays $1,235 a year in property taxes, about 0.63% of the median home value.
Is Torrington 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 Torrington?
The median home value in Torrington is $197,500, about 3.8 times the typical yearly household income.
6,182 people live in Torrington. Numbers are typical (middle) values.