CostIndexUSA

Casper, WY vs Lansing, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWY
Casper
93.8
overall index
$1,225/mo rent
MI
Lansing
95
overall index
$1,300/mo rent

Casper is slightly cheaper than Lansing — 1.3% lower overall cost of living.

To match an $80,000 salary in Casper, you would need $81,000 in Lansing. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+12.5%
Casper
74.2
Lansing
83.5
🛒 Groceries1.8%
Casper
95.4
Lansing
93.7
🚗 Transportation0.9%
Casper
105.4
Lansing
104.5
🏥 Healthcare0.8%
Casper
95.4
Lansing
94.6
Utilities+21.0%
Casper
78.9
Lansing
95.5

Salary Equivalency Calculator

Enter your current salary in Casper to see what you'd need to earn in Lansing to maintain the same purchasing power.

$
Equivalent salary in Lansing, MI
$81,000
$1,000 more needed in Lansing

Formula: salary × (95 ÷ 93.8) = salary × 1.0128. Based on BEA Regional Price Parities.

Housing Market

Casper, WY

Median Home Price
$302,000
Median Monthly Rent
$1,225
Housing Index
74.2
Price-to-Rent Ratio
20.5×

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Lansing has 12.5% higher housing costs compared to Casper.

Income & Job Market

Casper, WY

Median Household Income
$73,200
Per Capita Income
$41,700
Unemployment Rate
3.2%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Casper, WY
5.0×income-to-rent ratio

80% of income left after rent (median)

Lansing, MI
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.