Pros and Cons of Living in Wyoming

Wyoming's case for a move rests on real, substantial tax advantages and genuine outdoor-recreation access, weighed honestly against real, disclosed costs: a severe rural healthcare-access gap, an economy exposed to commodity-price swings, and a climate defined by the nation's highest average wind speed.

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The real pros

No state income tax (never levied, and a 1974 constitutional amendment makes enacting one exceptionally hard); a statewide effective property tax rate around 0.55%, among the lowest nationally; a genuinely affordable statewide housing market ($338,888 average home value) and homeowners insurance (roughly 28% below the national average); a real, low crime rate (43.4% below the national violent-crime average); a strong #4-nationally U.S. News Education ranking; and a world-class, national-park-anchored outdoor-recreation economy (Yellowstone and Grand Teton drew a combined 8.5 million-plus visits in 2025).

The real cons

A severe, disclosed healthcare-access gap directly tied to Wyoming's tiny population (18 of 23 counties under a federal shortage designation, #47-nationally in U.S. News Healthcare Access); a real economic dependence on mineral severance-tax revenue exposed to genuine commodity-price swings; a real, extreme Jackson/Teton County housing-cost outlier that can distort expectations; the nation's highest average wind speed and genuinely severe winter-storm risk; real, elevated wildfire risk in forested and foothill areas; and a real, disclosed year-over-year increase in both violent and property crime, even against a still-favorable absolute rate.

The honest bottom line

Wyoming rewards movers who value low taxes, outdoor access, and a genuinely rural, low-density lifestyle, and who are willing to plan around real healthcare-access limits and a genuinely harsh, windy climate rather than discover them after moving. It is not a fit for anyone expecting urban amenities, dense healthcare infrastructure, or a mild, sheltered climate.

Key takeaways

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Read the full Wyoming overview for the complete picture, or explore individual cities and towns we've researched.

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Last reviewed: 2026-09-04. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.