Is Denver, CO cheaper than Cheyenne, WY?

Based on cost of living data, Denver, CO is 17.6% more expensive than Cheyenne, WY. This translates to spending an extra $1322 per month.

What salary do I need in Denver, CO to live like I do in Cheyenne, WY?

If you earn $150,000 in Cheyenne, WY, you'd need approximately $165,867.531 in Denver, CO to maintain the same standard of living.

How does housing cost compare between Cheyenne, WY and Denver, CO?

Housing in Denver, CO is 30.7% more expensive than in Cheyenne, WY. For a two-bedroom apartment, rent is $2,190/month in Denver, CO compared to $874/month in Cheyenne, WY.

How much can I save per month by moving from Cheyenne, WY to Denver, CO?

Living in Denver, CO costs approximately $1322 more per month than Cheyenne, WY, or $15868 more per year, based on a $150,000 salary.

Cheyenne, WY vs Denver, CO: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Cheyenne, WY — ZIP-level rent data · COL adjusted from Denver, CO area

Current salary in Cheyenne, WY

Numbers update automatically as you type

You'd spend $1.3K/month more in Denver, CO

$150.0K in your current city equals $165.9K in Denver, CO

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 17.6%

More expensive

Monthly Impact

$1,322

Extra cost

Annual Impact

$15.9K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Cheyenne, WY

Population:65K

Cost Index:100

Median Home:$335K

Denver, CO

Population:716K

Cost Index:118

Median Home:$513K

Cheyenne, WY

The Equality State

65K

Population

State Tax

No Income Tax

Located in Wyoming, this city has a population of 65K residents.

💡 Advantage: Wyoming has no state income tax!

Denver, CO

The Centennial State

716K

Population

State Tax

Yes

Climate

Semi-arid

Notable Facts

•Mile-high city (5,280 ft)
•Outdoor recreation hub
•Major cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Cost Breakdown by Category

Annual spending: Cheyenne, WY vs Denver, CO

Category	Cheyenne, WY	Denver, CO	Difference	Change
🏠Housing	$2,485/mo	$3,248/mo	↑ $763more	30.7%
📦Other	$1,508/mo	$1,774/mo	↑ $266more	17.6%
🚗Transportation	$1,243/mo	$1,462/mo	↑ $219more	17.6%
🛒Groceries	$949/mo	$1,029/mo	↑ $80.26more	8.5%
🏥Healthcare	$583/mo	$632/mo	↑ $49.28more	8.5%
⚡All Utilities	$479/mo	$519/mo	↑ $40.48more	8.5%

🏠Housing

↑ 30.7%

Cheyenne, WY

$2,485

Denver, CO

$3,248

Difference

$763

📦Other

↑ 17.6%

Cheyenne, WY

$1,508

Denver, CO

$1,774

Difference

$266

🚗Transportation

↑ 17.6%

Cheyenne, WY

$1,243

Denver, CO

$1,462

Difference

$219

🛒Groceries

↑ 8.5%

Cheyenne, WY

$949

Denver, CO

$1,029

Difference

$80.26

🏥Healthcare

↑ 8.5%

Cheyenne, WY

$583

Denver, CO

$632

Difference

$49.28

⚡All Utilities

↑ 8.5%

Cheyenne, WY

$479

Denver, CO

$519

Difference

$40.48

🏛️ Local Income Taxes

Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)

Cheyenne, WY has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$600

To$1,720

↑ $1,120

1 Bed

From$679

To$1,840

↑ $1,161

2 Bed

From$874

To$2,190

↑ $1,316

3 Bed

From$1,214

To$2,870

↑ $1,656

Cheyenne, WYZIP-level data

1BR range: $920–$970/mo

Denver, COZIP-level data

1BR range: $1,620–$2,540/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,247

Monthly in Cheyenne, WY

$8,665

Monthly in Denver, CO

$1,418

Difference

Home Values

Cheyenne

Denver

$335K

Median Value

$513K

↑ +4%

YoY Change

↓ -4.2%

↑ +17.8%

5-Year Change

↑ +13%

$312K - $479K

Price Range

$352K - $933K

Homes in Denver are 53% more expensive than Cheyenne

Calculate payment - Cheyenne Calculate payment - Denver

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $6.6K

More taxes

Monthly Difference

$550

Less take-home

Effective Rate Diff

4.4%

Rate difference

Cheyenne, WY

Federal Income Tax

Effective: 18.9%

$25.5K

Wyoming State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Denver, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Additional Tax Information

Cheyenne, WY Tax Rates

Sales Tax:5.5%

Property Tax:0.6%

Denver, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.