Median Income
$50,539
household / year
Median Home Value
$274,800
owner-occupied
Median Rent
$929
gross / month
Cost of Living
97
national avg = 100

Is Laramie, WY a Good Place to Live?

Laramie is a small city of 31,735 in Wyoming, with a median household income of $50,539 and a 4.7% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: Laramie stands out for lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Laramie is right for you depends on your priorities — the full breakdown is below.

All Laramie city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 97.0

Laramie's overall cost of living index is 97.0, where 100 represents the US national average. Living in Laramie costs roughly 3% less than the average American city.

Metric Laramie, WY National Avg
Median Home Value $274,800 $244,900
Median Monthly Rent $929 $1,163
Homeownership Rate 45.8% 65.9%
Median Household Income $50,539 $74,755

Crime & Safety

Very Safe

Laramie's violent crime rate is 129.6 per 100,000 residents — 66% lower than the national average of ~380 per 100,000.

Violent Crime
129.6 /100k
Property Crime
1163.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Laramie is served primarily by Albany County School District #1. The student-to-teacher ratio is 11.8:1 (better than the national average of ~16:1).

Metric Laramie, WY National Avg
School District Albany County School District #1
Elementary Schools 12
Middle Schools 2
High Schools 3
Student/Teacher Ratio 11.8:1 16:1
Bachelor's Degree or Higher 56.1% 35.4%
High School Diploma or Higher 96.4% 91.1%

Weather & Climate

Laramie sees average highs of 33.6°F in January and 80.7°F in July, with 14.5 inches of annual precipitation and 64.1 inches of snow per year.

MetricLaramie, WY
Average High — January33.6°F
Average High — July80.7°F
Annual Precipitation14.5"
Annual Snowfall64.1"

Demographics

MetricLaramie, WYNational Avg
Population31,735
Median Age26.638.9
Unemployment Rate4.7%3.7%
Avg Commute Time13.5 min26 min
White (non-Hispanic)85.6%59.3%
Black or African American1.2%13.6%
Hispanic or Latino5.1%18.9%
Asian4.2%6.3%
Under 1814.1%22.2%
65 and over10.1%16.8%

Nearby Cities

ZIP Codes in Laramie

Laramie, WY is covered by 2 ZIP codes:

Laramie vs Other Cities

Frequently Asked Questions

Laramie's cost of living index is 97, where 100 is the national average. That makes Laramie roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $274,800 and median rent is $929/month.
Laramie's violent crime rate is 129.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1163.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Laramie are operated by Albany County School District #1. The district has 12 elementary, 2 middle, and 3 high schools. The student-to-teacher ratio is 11.8:1. 56.1% of adults 25+ hold a bachelor's degree or higher.
Laramie, WY has a population of 31,735, a median household income of $50,539, and an unemployment rate of 4.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Laramie averages 33.6°F in January and 80.7°F in July. Annual rainfall is 14.5 inches with about 64.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Laramie, WY is covered by 2 ZIP codes: 82070, 82072.
The population of Laramie, Wyoming is 31,735 with a median age of 26.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Laramie: cost of living index 97 (100 = US average), median home $274,800, median household income $50,539, crime index 43 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Laramie side by side with your current city to see the trade-offs.