Salary status · Below comfortable threshold~2th percentile · Below Average

Is $5K a Good Salary in Wyoming? 2026 Take-Home Pay & Cost of Living

$5K
gross / year
$385 / month take-home in Wyoming
Verdict
Tight for Wyoming on one income

Honestly, $5K in Wyoming is tight for a single adult — you'll cover essentials but saving is hard.

Monthly take-home
$385
$4,618/yr net
Est. monthly savings
$0
After typical expenses
Housing pressure
High
Rent in Wyoming
Effective tax
7.6%
On $5,000 gross
Affordability

Where your monthly paycheck goes

Visual split of a typical single-adult budget against your take-home pay.

High pressureMonthly flexibility · 0% of take-home
Money left after essentials
$0/mo
High pressure budget
Rent (1BR avg)$1,100100%
Food & groceries$399100%
Transport$456100%
Utilities, health, extras$964100%
Leftover / savings$00%
Share this guide

Take-home pay breakdown

Gross / year
$5,000
Net / year
$4,618
Net / month
$385
Effective tax
7.6%

Where your paycheck actually goes

Approximate split of $5,000 gross — federal, state/provincial, social, and what lands in your account.

Federal income tax
$249
5%
State income tax
$0
0%
Social contributions
$134
3%
Take-home (net)
$4,618
92%
What this means in real life

At $5K/year in Wyoming, a single adult typically clears about $385/month after tax. Rent on a 1-bedroom averages $1,100, leaving roughly $0 for everything else. Without roommates or a cheaper neighborhood like Casper, this income usually means living paycheck to paycheck.

Lifestyle verdict
Difficult without trade-offs

In Wyoming, $5K is tight for a single adult — roommates, a cheaper neighborhood like Casper, or a side income make the math work. A family on this alone would struggle.

How it stacks up in Wyoming

Local median household$72,000
This salary$5,000
1.5× median$108,000

Roughly the 2th percentile of Wyoming households. Below Average.

Who can comfortably live on this?

Same take-home pay, three very different realities.

Single adult
Stretched

One income, one rent.

Budget: $2,919/mo
Short: $2,534/mo
Couple, no kids
Stretched

Shared rent, two earners possible.

Budget: $4,044/mo
Short: $3,659/mo
Family (2 adults + kids)
Stretched

Bigger apartment, childcare, more food.

Budget: $5,064/mo
Short: $4,679/mo
Reality check

What can you actually afford in Wyoming with $5K?

A realistic monthly breakdown for a single adult — rent in Cheyenne, food, transport, insurance, and what's left to save. Tuned to the cost of living in Wyoming.

Net / month
$385
Typical spend
$2,919
100% of net
Monthly leftover
$0
0% saveable
Spent 100%Saved 0%
  • Rent in Cheyenne

    $1,100/mo
    1-bedroom, average neighborhood
  • Food & groceries

    $399/mo
    Cooking mostly, eating out 1–2×/week
  • Car & transport

    $456/mo
    Fuel, insurance, public transit
  • Health & insurance

    $304/mo
    Coverage, dental, prescriptions
  • Utilities & internet

    $185/mo
    Power, water, mobile, broadband
  • Entertainment & dining

    $209/mo
    Streaming, restaurants, weekends
  • Savings potential

    $0/mo
    What's left after a typical month
Lifestyle insight

With $5K in Wyoming, a single adult is essentially break-even in Cheyenne — covering rent and basics, but with little room to save without roommates or a cheaper neighborhood.

People love reality. Not just taxes.

Lifestyle & affordability

What life actually looks like on this salary

Can you live comfortably on this in Wyoming?

  • Tight

    Rent in Cheyenne drives most of the affordability story

  • Tight

    A car (and its insurance) is usually a fixed monthly line

  • Tight

    Employer-sponsored health coverage shapes real take-home

$5K in Wyoming sits in a real-world context shaped by local rent, car dependency, and US-style health insurance costs.

On $5K, a single adult in Cheyenne usually needs to budget carefully — rent, a car, and health coverage are the three pressure points.

Outside Cheyenne, the same paycheck typically goes 15–30% further on housing, which dramatically changes the savings picture.

Reality check

$5K in Wyoming is workable solo in smaller cities, tight in Cheyenne.

Lifestyle snapshot

1-bedroom in a decent neighborhood, one car, cooking most nights, modest savings.

Reality check

How rich you actually feel

A reality-based view of $5K in Wyoming — after taxes, rent, and everyday costs.

Lifestyle classWyoming
Below comfortable threshold

This income runs tight in most of Wyoming — housing and essentials absorb most of the paycheck.

Higher than 2% of earners · Top 98%
Financial flexibility
15/100
Limited flexibility
Blends leftover income, rent burden, savings ability and tax weight.
Income percentile
Top 98%
in Wyoming
Higher than 2% of earners
Rent stress
100%
of take-home on typical rent
High urban housing pressure
Savings power
$0/mo
$0/year potential
Take-home: $385/mo
Purchasing power
  • Comfortable solo apartment
  • Reliable car ownership
  • Dining out several times/week
  • Moderate travel flexibility
  • Luxury neighborhoods
Compare this salary

Monthly budget for a single adult in Wyoming

Below typical living costs by about 2534/month. Workable only with cheaper housing, roommates, or lower-cost cities in the region.

Housing (rent + insurance)
$1,100
38%
Transportation
$456
16%
Groceries
$399
14%
Utilities & internet
$185
6%
Healthcare
$304
10%
Entertainment & dining
$209
7%
Misc & personal
$266
9%
Total
$2,919
Surplus / month
-$2,534

Savings potential

With a typical single-adult budget, you could put away roughly $0/year — about 0% of take-home pay. Cheaper housing or living outside Cheyenne can lift this significantly.

Savings rate0%

Try your own numbers

All math runs locally in your browser — nothing is saved.

Tight
$
$
$
Net / month
$385
Leftover / month
-$2,534
Rent share
286%

Tip: housing experts suggest keeping rent under 30% of take-home pay. You're at 286%.

Rent share of take-home

Average rent in Wyoming: $1,100 (1BR) · $1,300 (2BR).

1BR rent vs net monthly286%
2BR rent vs net monthly338%

Salary ladder in Wyoming

  1. $5KTight
    Take-home / mo
    $385
    Save
    $0/mo
    Pctl
    2th

    Roommates likely needed in Cheyenne.

    You are here
  2. $10KTight
    Take-home / mo
    $770
    Save
    $0/mo
    Pctl
    5th
    +$385/mo

    Roommates likely needed in Cheyenne.

  3. $15KTight
    Take-home / mo
    $1,151
    Save
    $0/mo
    Pctl
    7th
    +$766/mo

    Roommates likely needed in Cheyenne.

What changes if you earn more?

Going from $5K to $15K in Wyoming:

Take-home / month
+$766
Est. monthly savings
+$0
Rent burden
−190.3pp

Compare $5,000 across countries

Explore other salary ranges in Wyoming

Compare with neighboring states
Related tools

Common questions

These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.

Last updated: 2026. Estimates use simplified federal + state tax models and median rent figures.