Cost of Living in Freedom, WY 2025
41%
|
Higher Than National Avg.
913%
|
Lower Than State Avg.
Freedom's 2025 cost of living is $3481 per month for singles and $7665 per month for families of four.
Living costs in Freedom are 41% higher than the U.S. national average and 913% lower than Wyoming's state average.
This reflects a 3% increase from 2024.
The primary drivers of Freedom's cost of living are soaring housing costs, elevated transportation expenses, and rising food prices.
See how Freedom's cost of living affects your budget or salary needs with Salary.com's free Cost of Living Calculator.
Cost of Living Calculator
How does Freedom's cost of living compare to the national average in 2025?
Living in Freedom is more expensive than the national average,
with housing costs 20.7 % lower at $951
per month for a single person and $1744 per month for a family of four.
Food expenses run 34.6 %
below average at $262
monthly for an individual and $851 for a family,
while energy, transportation and healthcare costs are 6.2 % higher at about $929 per month
for one person and $2074 for a household.
These costs bring the total monthly expenses to $2142
for a single person and $4669 for a family of four,
making Freedom one of America's most expensive cities.
| Expense Category | Average Monthly Expense Single Person | Average Monthly Expense Family of Four | Freedom compare to: U.S. Average |
|---|---|---|---|
|
951 | 1744 |
|
|
262 | 851 |
|
|
157 | 270 |
|
|
467 | 991 |
|
|
305 | 813 |
|
How does the cost of living compare when moving from other major cities to Freedom?
Freedom's 2025 cost of living is 34% lower than San Francisco,
2% less than Washington, 17% above Miami
, 20% higher than Chicago, 9% less than Boston
, and 24% below New York.
Essential for evaluating relocation costs and salary needs in Freedom.
| Move From | Move To | Cost of Living Comparison |
|---|---|---|
| San Francisco, CA | Freedom |
|
| Washington, DC | Freedom |
|
| Miami, FL | Freedom |
|
| Chicago, IL | Freedom |
|
| Boston, MA | Freedom |
|
| New York, NY | Freedom |
|
| Dallas, TX | Freedom |
|
About Freedom, WY
Freedom is an unincorporated community in both northeastern Caribou County, Idaho, and northwestern Lincoln County, Wyoming in the United States; the Wyoming portion of the community is also a census-designated place (CDP). The population was 214 at the 2010 census.
Located on U.S. Route 89 and Idaho State Highway 34, Freedom sits on the Idaho/Wyoming state line. It lies northeast of the city of Soda Springs, the county seat of Caribou County, and north of Kemmerer, the county seat of Lincoln County; the nearest significant community is Afton, Wyoming, approximately 20 miles (30 km) to the so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Comments about the cost of living in Freedom, WY
Wyoming is a tax-friendly state with a low cost of living for some.
Wyoming has no state income tax and is considered by some to be the most tax-friendly state in the United States! This means that if you work in Wyoming, your paycheck will be free of taxes other than the federal income taxes. If you are retired, Wyoming does not tax any form of retirement income including Social Security benefits. The absence of state income tax will make your take-home pay higher and provide more income for the basic cost of living purchases.
Wyoming does, however, have a statewide 4% sales tax. The property taxes in Wyoming are among the lowest in the country. Overall Wyoming has a lot to offer as a low tax state.
(
2025-07-24
salary.com
)
Rent vs Buy: Renting could be the better choice for a lower cost of living
The largest contributor to any cost of living estimate is housing. Understanding the housing market and costs for a location can be complex. Renting can give you a chance to try out a location before making the major commitment of buying a home. In Wyoming renting a home can actually be more economical than buying. Renting generally has fewer up-front costs and maintenance is generally included, eliminating that responsibility and expense and could potentially leave you with more disposable income and a lower cost of living. (
2025-07-24
salary.com
)
Healthcare access and affordability and your cost of living
Wyoming is ranked number 42 out of all states in overall healthcare access and affordability.
Healthcare costs make up a significant part of the cost of living. The ability to afford healthcare as well as the ability to access care are key indicators of how much you will be paying for this important resource if you move to another state. Affordability is generally measured by the rates set for insurance coverage in a state, as well as the out-of-pocket expenses that need to be paid by you when receiving the care. If rates or out-of-pocket expenses are high, your cost of living will increase. Access to healthcare is how easy or difficult it may be to receive the care. Access is measured by identifying barriers that might prevent the delivery of care such as the inability to obtain insurance coverage, having to travel long distances to health care centers and lack of sufficient facilities and/or healthcare professionals. The timeliness of care, how fast you can get to see a healthcare provider, is another important measure.
(
2025-07-24
salary.com
)
Cost of Living Frequently Asked Questions
What is a Cost of Living index and how is it used?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family.
(
2025-07-24
salary.com
)
What factors are included in estimating your cost of living?
The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison.
(
2025-07-24
salary.com
)
The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly.
(
2025-07-24
salary.com
)
See how much you can get when it is an hourly pay
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
See how much you can get when it is a yearly pay
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
Last Update: 2025-07-24