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Childcare Cost Calculator for Cheyenne, WY
Local data pre-filled
Childcare costs in Cheyenne are among the most significant family expenses. Based on Cheyenne's cost of living index of 91 and median rent of $1,434/mo, annual full-time infant care is estimated at $10,179 — roughly 13% of the median household income of $77,884. This calculator helps Cheyenne families compare center-based care, home daycares, and nanny costs.
Data as of · Sources: Zillow, Census ACS, Tax Foundation, Freddie Mac
Wyoming Financial Snapshot (2026) — Childcare Cost Calculator
Local cost-of-living pushes typical expense for the childcare cost calculator in Wyoming.
How the Childcare Cost Calculator Math Works Under Wyoming Law
The Childcare Cost Calculator runs a well-known formula (principal × rate, discounted cash flow, amortization, or equivalent) client-side and layers on Wyoming's tax and cost-of-living inputs. State-specific numbers — brackets, exemptions, and averages — come from public federal / state datasets cited in the sources section.
Local context: Cheyenne, WY
Housing economics in Cheyenne, WY. The median home value runs 8.6% above the U.S. baseline for Cheyenne, WY is $388,719 per Zillow's home-value index. Median rent runs $1,434 a month per Zillow ZORI, cheaper than the national $1,850 baseline. Effective property tax sits at 0.60% of assessed value, below the 0.99% national average tracked by the Tax Foundation.
Income and tax climate. Wyoming's top marginal state income tax bracket lands at 0.00% — one of nine states that levies no broad-based income tax, shifting the revenue burden onto sales, property, and severance levies. BEA's Regional Price Parity scores Cheyenne, WY at 91.0 (national = 100), meaning a dollar in Cheyenne, WY buys 110¢ — more goods and services than the same dollar nationally.
Local context as of 2026-04-19.
Cheyenne versus the U.S. baseline
| Metric | Cheyenne, WY | U.S. baseline | Difference |
|---|---|---|---|
| Median home value[zillow] | $388,719 | $358,000 | 8.6% |
| Median monthly rent[zillow] | $1,434 | $1,850 | -22.5% |
| Property tax (effective)[tax-foundation] | 0.60% | 0.99% | -39.4% |
| State top marginal income tax[tax-foundation] | None | ~4.08% (volume-weighted) | −4.08 pp |
| State cost-of-living index[bea-rpp] | 91.0 | 100.0 | -9.0 pts |
How to use the Childcare Cost Calculator
Walk through using the Childcare Cost Calculator with Cheyenne, WY-specific defaults pre-loaded from primary sources.
- Enter your Cheyenne numbersFill in the childcare cost inputs. Defaults reflect Cheyenne, WY 2026: median home $388,719, median rent $1,434/mo, 0.60% effective property tax.
- Apply the local 2026 inputsThe median home value in Cheyenne is $388,719 (Zillow ZHVI), with median monthly rent running $1,434/mo.
- Compare against Cheyenne contextMonthly PITI on the $388,719 median home in Cheyenne is ~$2,443/mo — vs a $1,434/mo median rent.
How Wyoming Compares to Neighboring States
| State | Median home | Top inc tax | Prop tax rate | RPP (US=100) |
|---|---|---|---|---|
| Wyoming (this page) | $340,000 | None | 0.61% | 91.6 |
| Colorado side-by-side | $560,000 | 4.40% | 0.51% | 101.9 |
| Idaho equivalent | $465,000 | 5.70% | 0.69% | 92.2 |
| compare to Montana | $460,000 | 5.90% | 0.83% | 91.0 |
| Nebraska side-by-side | $265,000 | 5.20% | 1.73% | 90.3 |
Sources: Zillow ZHVI[1], state Departments of Revenue / Tax Foundation[2], Tax Foundation property taxes[3], BEA Regional Price Parities[4].
What Changes Your Result in Wyoming
- Wyoming cost-of-living drag:Line-item costs in Wyoming deviate from the US mean by whatever the BEA all-items RPP deviates from 100. Weight your budget toward the state average rather than the national average.
Related Calculations for Wyoming
- Daycare Cost Calculator for Wyoming — near-duplicate slugs — canonical cross-link.
How Cheyenne Compares to the National Average
Understanding how Cheyenne stacks up helps you calibrate your financial planning.
| Metric | Cheyenne, WY | US Average | Difference |
|---|---|---|---|
| Median Home Price | $388,719 | $420,800 | -7.6% |
| Median Monthly Rent | $1,434 | $1,713 | -16.3% |
| Median Household Income | $77,884 | $74,580 | +4.4% |
| Property Tax Rate | 0.60% | 1.10% | -45.5% |
| Cost of Living Index | 91 | 100 | -9.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Cheyenne Financial Snapshot
- Population (Metro)
- 100,000
- Unemployment
- 3.2%
- Avg Commute
- 17 min
- Median Age
- 34.6
- Price-to-Rent Ratio
- 22.6x
- Annual Property Tax
- $2,332
Frequently Asked Questions — Cheyenne
- Can median-income households afford the median home in Cheyenne?
- With a ~$2,443 monthly PITI and $77,884 median income, housing would consume ~37.6% of gross annual income. Qualifying under the 28% DTI rule requires ~$104,700 in annual income. Educational reference only.
- Is it better to rent or buy in Cheyenne?
- Cheyenne's price-to-rent ratio (22.6x) tilts toward renting — above 20x, buying is generally expensive relative to renting.
- What is the annual property tax bill on the median home in Cheyenne?
- Approximately $2,332/yr at the 0.60% effective rate on the $388,719 median home. The national average effective rate is 1.07%.
- What share of median income goes to rent in Cheyenne?
- The $1,434/mo median rent represents 22.1% of the $77,884 median household income. The recommended housing cost threshold is 30%; Cheyenne falls within that guideline. Educational reference only.
- How much does commuting cost in Cheyenne?
- Average commute time in Cheyenne is 17 minutes per ACS. Estimated annual commute cost runs about $2,961. Educational reference only.
- How does the cost of living in Cheyenne compare to the national average?
- Cheyenne's BEA RPP index is 91, 9% below the national baseline of 100. For a household earning the national median income of $77,540, this translates to ~$6,979/yr in purchasing power difference. Educational reference only.
- What is the median home price in Cheyenne, WY?
- The median home price in Cheyenne is $388,719 as of 2025–2026.
- What is the average rent in Cheyenne?
- The median monthly rent in Cheyenne, WY is $1,434.
- Does the childcare cost replace professional advice?
- No. This calculator gives educational estimates using public Cheyenne data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for decisions with material consequences.
How we compute this — methodology
The Cheyenne page uses local median home price ($388,719), median rent ($1,434/mo), and property tax rate (0.60%) alongside the calculator's client-side formula. Calculations run in your browser — no inputs are sent to a server.
Known limits: ZIP-level variance within Cheyenne can be substantial — the figures shown are city-wide medians. For a precise property tax quote, consult your county assessor.
Sources
- Zillow Research — ZHVI (Zillow Home Value Index) + ZORI (Zillow Observed Rent Index), city-level. zillow.com/research/data. Retrieved 2026-04-19.
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income and population. census.gov/programs-surveys/acs.
- CalcFi state financial context — tips + first-time homebuyer programs compiled from each state's Housing Finance Authority (HFA) public pages. See
src/data/state-financial-context.ts. - Tax Foundation — state property tax effective rates and state/local sales tax rates. taxfoundation.org.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rate averages used by mortgage-related calculators. freddiemac.com/pmms.
- Bureau of Economic Analysis — Regional Price Parities by State — www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area. Retrieved 2026-04-19.
- BLS Occupational Employment and Wage Statistics (OEWS) — state-level occupational wages — www.bls.gov/oes. Retrieved 2026-04-19.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rates — www.freddiemac.com/pmms. Retrieved 2026-04-19.
- NAIC Dwelling Fire, Homeowners Owners, and Homeowners Tenants Insurance Report — content.naic.org/article/homeowners-insurance-report. Retrieved 2026-04-19.
- State Departments of Revenue — official bracket + deduction publications (one primary URL per state; linked in the brackets table below) — taxfoundation.org/data/all/state/state-income-tax-rates. Retrieved 2026-04-19.
- U.S. Department of Labor — State Minimum Wage Laws — www.dol.gov/agencies/whd/minimum-wage/state. Retrieved 2026-04-19.
- FRED (Federal Reserve Economic Data) — real median household income, unemployment, HPI, LFPR per state — fred.stlouisfed.org. Retrieved 2026-04-19.
Spot an error? Email [email protected] with the URL and the correct figure.
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National reference: Childcare Cost Calculator