The short version
- Social Security taxed?
- No
- Income tax
- No income tax
- Property tax on a $300,000 home
- ≈ $1,590 / yr ($132 / mo)
- Everyday cost index (U.S. = 100)
- 94
- January / July high
- 40°F / 82°F
- Sales tax (state + local avg)
- 5.39%
Retiring in Wyoming
No income tax, low property and sales taxes, and wide-open spaces. Watch out: the weakest hospital access in America and harsh, windy winters.
How Wyoming taxes your retirement income
Social Security: not taxed at all.
Pensions: No state income tax.
401(k) and IRA withdrawals: No state income tax.
The setup: No income tax.
Property tax & senior breaks
The average effective property tax rate is about 0.53% — roughly $1,590 a year ($132 a month) on a $300,000 home. Your county sets the real number.
Help for seniors: New statewide exemption on part of residential value; refunds for lower-income owners.
Try your own home value in the Property Tax Estimator.
Everyday costs & sales tax
Overall cost of living runs about 6% below the U.S. average. The combined state and average local sales tax is 5.39%.
Weather
January days top out around 40°F and July days around 82°F, with roughly 236 sunny days a year. Watch out for: High winds, blizzards, and wildfire risk.
Healthcare
The thinnest hospital access in the nation — many residents travel to Colorado, Utah, or Montana for care.