CostIndexUSA

Cheyenne, WY vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWY
Cheyenne
96.5
overall index
$1,475/mo rent
CT
Waterbury
99.8
overall index
$1,325/mo rent

Cheyenne is slightly cheaper than Waterbury — 3.4% lower overall cost of living.

To match an $80,000 salary in Cheyenne, you would need $82,700 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing0.8%
Cheyenne
89.8
Waterbury
89.1
🛒 Groceries+2.0%
Cheyenne
95.4
Waterbury
97.3
🚗 Transportation+2.3%
Cheyenne
105.4
Waterbury
107.8
🏥 Healthcare+2.2%
Cheyenne
95.4
Waterbury
97.5
Utilities+89.2%
Cheyenne
78
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$82,700
$2,700 more needed in Waterbury

Formula: salary × (99.8 ÷ 96.5) = salary × 1.0342. Based on BEA Regional Price Parities.

Housing Market

Cheyenne, WY

Median Home Price
$377,000
Median Monthly Rent
$1,475
Housing Index
89.8
Price-to-Rent Ratio
21.3×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Cheyenne has 0.8% lower housing costs compared to Waterbury.

Income & Job Market

Cheyenne, WY

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
5.4%
Population
63,957
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

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

Cheyenne, WY
4.2×income-to-rent ratio

76% of income left after rent (median)

Waterbury, CT
5.1×income-to-rent ratio

80% 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.