Living Cost Compare
Laramie

Wyoming

$890/mo est.

vs
Oklahoma City

Oklahoma

$1,070/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $890 in Laramie, WY versus $1,070 in Oklahoma City, OK. Overall, Laramie, WY is roughly 17% cheaper to live in day-to-day than Oklahoma City, OK, driven mainly by rent.

Median household income is $52,414 in Laramie, WY and $66,702 in Oklahoma City, OK — about 21% higher in Oklahoma City, OK. Wyoming has no state income tax and a 4% state sales tax; Oklahoma has a top state income tax rate of 4.50% and a 4.5% state sales tax.

Laramie, WY
Oklahoma City, OK

Rent

Studio
$667
$795
+19% in Oklahoma City, OK
1 Bedroom
$728
$882
+21% in Oklahoma City, OK
2 Bedroom
$883
$1,085
+23% in Oklahoma City, OK
3 Bedroom
$1,423
$1,356
+5% in Laramie, WY

Buying a Home

Median Home Value
$302,200
$215,100
+29% in Laramie, WY

Income

Median Household Income
$52,414
$66,702
+27% in Oklahoma City, OK
Metro Median Wage (annual)
—
$47,230

People & Lifestyle

Median Age
26.9 yr
35.0 yr
+8.1 yr in Oklahoma City, OK
Homeownership
44.1%
59.1%
+15.0 pp in Oklahoma City, OK
Bachelor's+ (25+)
55.8%
34.0%
+21.8 pp in Laramie, WY
Avg Commute
13.5 min
22.2 min
+8.7 min in Oklahoma City, OK

Crime (per 100k/yr)

Violent Crime
129.6
685.9
+429% in Oklahoma City, OK
Property Crime
1,175.9
2,929.1
+149% in Oklahoma City, OK

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
41.0°F
61.5°F
+20.5°F in Oklahoma City, OK
Annual Precipitation
10.9 in
36.5 in
+25.6 in in Oklahoma City, OK

Gas

Regular Gasoline
$4.27/gal
$3.85/gal
+10% in Laramie, WY

Area: Rocky Mountain (PADD 4) vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)
—
$1.75

Adult base one-way fare — — vs EMBARK (2026).

Utilities

Electricity (¢/kWh)
15.2
14.3
+6% in Laramie, WY
Natural Gas ($/MCF)
$18.28
$31.25
+71% in Oklahoma City, OK

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.82
$4.00
+17% in Laramie, WY
Bread (lb)
$2.04
$1.75
+14% in Laramie, WY
Eggs (doz)
$2.19
$2.21
+1% in Oklahoma City, OK
Ground Beef (lb)
$7.36
$6.45
+12% in Laramie, WY
Chicken (lb)
$2.01
$1.90
+6% in Laramie, WY
Bananas (lb)
$0.70
$0.62
+12% in Laramie, WY

Average prices — West vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (WY / OK)
4%
4.5%
+0.5 pp in OK
Income Tax (top rate)
None
4.50%
+4.5 pp in OK

Laramie vs Oklahoma City — FAQ

Is it cheaper to live in Laramie or Oklahoma City?
Laramie, WY is cheaper. Its monthly baseline of $890 (1BR rent + utilities) runs about 17% below Oklahoma City, OK's $1,070, mainly because of rent.
How much more do you need to earn to live in Laramie than in Oklahoma City?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $29,000 a year in Laramie versus $35,000 in Oklahoma City.
Which has lower taxes, Laramie or Oklahoma City?
Laramie is taxed under Wyoming's rules (no state income tax and a 4% state sales tax); Oklahoma City under Oklahoma's (a top state income tax rate of 4.50% and a 4.5% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).