Housing is the biggest factor in the cost of living difference. As a Montana resident, you'll pay more for food and health care. When you consider the fact that the median home price in Wyoming is around $273,000, it is more affordable to purchase a home here than in the state of Colorado. Montana is like many of the other Western states in the fact that it supports a large craft brewing industry. The city's housing market has appreciated by 3.4 percent during the last year. We are basically tied with North Dakota and Montana. Check it out. July is the hottest that it gets in Wyoming, and temperatures can soar to 95 degrees Fahrenheit in some areas. However, more affordable housing is still considered a major advantage to settling in Wyoming over Colorado. The average effective property tax rate in Wyoming is 0.61%, but it can get as low as 0.49%. Those looking into the moving to the great state of Idaho should look into these popular cities, which include Boise, Coeur d'Alene and Pocatello. Washakie County is where Worland is located, and the property tax rate is low at 0.66% of assessed home value. Housing costs are lower in Worland than in Washakie County, where the median home value is $165,500. This means that the most sales tax you could spend is 6%, which is the case in Carbon County. Median home price and median income determine the 10 most affordable cities in Wyoming. 1. 6. Looks like this move could have a negative net change in disposable income. The overall cost of living in Texas is 8.8% lower than the national average, which puts the state just outside of America's top 10 cheapest. Hawaii has the highest costs across all indexes, except healthcare. Did you know that the state of Montana has more cows living with orders then it does people? Car insurance premiums cost as much as $1,338 per year, but location, age, and driving history play a role. Wyoming residents with group insurance and individual insurance visit the doctor 25% more than the national average. However, inventory all across the state is now even lower and developers cant build homes fast enough to meet the high demand.