Cost of living in Ranchester, Wyoming

Ranchester, Wyoming has about 1,277 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $326,900.

HUD's fair-market rent for a 2-bedroom in Sheridan County is $1,168 a month. That is the county number, not an apartment listing in Ranchester. It runs from October 2026 through September 2027.

Wyoming's prices sit at 92.7 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Wyoming does not tax wages. A typical combined sales tax is 5.6% as of January 1, 2026. That mix is statewide, not Ranchester's exact store tax.

In July 2026, a typical Wyoming home paid 14.36¢ per kilowatt-hour. That is a state average from EIA, not Ranchester's bill.

EIA did not publish a 2025 all-grades gas price for Wyoming in the table we use.

Among 49 places we list in Wyoming with a rent figure, 38 have higher typical rent than Ranchester.