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Sheridan, Wyoming

USA · Comprehensive city data and intelligence

67
Overall Score

Sheridan, Wyoming, is a historic and picturesque city nestled at the foot of the majestic Bighorn Mountains. Founded in 1882 during the region's booming railroad and cattle eras, it has evolved into a vibrant cultural and economic hub for northern Wyoming. The city preserves its rich Old West heritage through well-maintained Victorian architecture, historic ranches, and traditional rodeos, while simultaneously embracing modern amenities and a growing creative arts community. People are increasingly drawn to Sheridan for its stunning natural scenery, small-town community warmth, and exceptional proximity to world-class outdoor recreation like fishing, hiking, and skiing.

About Wyoming

Wyoming, known as "The Equality State," is characterized by its vast, open landscapes, including the Rocky Mountains and high-elevation prairies, fostering a lifestyle deeply connected to nature and a strong sense of community. The state's economy is primarily driven by mineral extraction, particularly coal, natural gas, oil, and trona, alongside a significant tourism industry centered around national parks like Yellowstone and Grand Teton, and agriculture, mainly livestock and hay. Living in Wyoming generally offers a lower cost of living compared to the national average, with no state income tax. The climate is typically semi-arid and continental, featuring dry, windy conditions with significant temperature extremes, long winters, and short growing seasons, while the lifestyle embraces a slower pace, self-reliance, and abundant outdoor recreational opportunities.

18,700
Population
$58K
Avg Salary
98
Cost Index
67.0
Quality Score
How this 67/100 was calculated five components, with every reading behind them
Component Readings used Points Weight Contributes
Safety Safety score: 85 / 100 85.0 30% 25.5
Affordability Cost of living index (100 = national baseline): 98.0 46.3 25% 11.6
Economy & jobs Median household income: $64,500 Income needed to live here: $50,000 Unemployment rate: 3.2% 73.1 20% 14.6
Growth Population growth rate: 1.1% Job growth rate: 1.9% 55.3 15% 8.3
Business climate assessment Business climate assessment: 70 / 100 70.0 10% 7.0
Overall score 67.0

Provenance. These figures were produced by the research pass recorded as Tier 1 (fast) (q=52, partial — below threshold), last refreshed 17 October 2026. They are researched estimates drawn from public sources, not a licensed data feed.

Each component is scored against fixed published endpoints, so this number is comparable with any other city and does not move as the dataset grows. Scoring framework 2026.10 — full methodology, weights and accepted ranges.

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Quality Scores

Business
70
Livability
80
Affordability
68
Growth
72

Cost of Living

The cost of living in Sheridan sits close to the national average, offering a relatively affordable lifestyle compared to larger coastal metropolitan areas. While housing and real estate costs have risen steadily due to an influx of newcomers seeking rural-urban balance, everyday expenses such as utilities, groceries, and transportation remain manageable. Wyoming's favorable tax climate—featuring no state income tax—further enhances the financial appeal for residents and retirees looking to stretch their earnings.

Average Rent
$1,250/mo
Groceries
$420/mo
Transport
$110/mo
Utilities
$175/mo
Healthcare
$230/mo
Gym membership (monthly)
$50.00
Cinema ticket
$12.00
Restaurant meal (mid-range)
$25.00
Monthly groceries
$420.00
Doctor visit (without insurance)
$140.00

Salary Insights

Sheridan's economy is anchored by healthcare, education, tourism, construction, and agriculture, supported by a proactive local government fostering small business growth. The Sheridan WYO Winter Rodeo and local outdoor recreation drive a steady stream of tourism revenue, while remote workers have increasingly chosen the area for its scenic beauty and reliable broadband infrastructure. Major employers like Sheridan Memorial Hospital and the local school district provide stable employment opportunities across the region.

The average salary in Sheridan is $58,000 per year. You would need approximately $50,000 to live comfortably.

Top Industries

Retail Trade +1.20% Education +1.50% Healthcare +2.40% Construction +2.80% Tourism and Hospitality +2.10%

Climate

🌡️
46°F
Avg Temp
☀️
80°F
Summer High
❄️
11°F
Winter Low
🌧️
22.20"
Annual Rain
💧
55.00%
Humidity
🌤️
275
Sunny Days

Transport

Getting around Sheridan relies primarily on personal automobiles, with straightforward traffic flow and ample parking throughout the city. While public transit options are limited, the compact nature of the community keeps most local errands and commutes remarkably short. The Sheridan County Airport provides commercial air service connecting residents to major regional hubs.

15 min
Avg Commute
35.00/10
Transit Score
58.00/10
Walkability
High
Car Dependency

Pros & Cons

Advantages
Wyoming has no state income tax, allowing residents to retain a larger share of their earnings.
Stunning proximity to the Bighorn Mountains offers world-class hiking, skiing, and fishing.
Crime rates in Sheridan are significantly lower than the national average.
A thriving historic downtown features local galleries, breweries, and the historic WYO Theater.
Friendly, community-oriented atmosphere with strong local civic engagement.
Drawbacks
Winters are long, cold, and bring significant snowfall averaging over 50 inches annually.
Housing inventory can be limited, putting upward pressure on local home prices and rents.
Limited public transportation options require residents to rely heavily on personal vehicles.
Geographic isolation means major metropolitan shopping and entertainment are hours away.
Job market diversity is narrower compared to larger urban centers.

Questions about Sheridan

What people ask about living in and moving to Sheridan, Wyoming.

Gathering the most common questions about Sheridan…

Frequently Asked Questions

Urblytica benchmarks its Cost of Living Index against a United States national average baseline of 100. A score of 115 means a city is approximately 15% more expensive than the national average, while a score of 85 indicates it is 15% more affordable. This composite calculation is weighted across six primary expenditure categories: housing, utilities, grocery items, transportation, healthcare, and miscellaneous goods.

Urblytica aggregates housing data from multiple authoritative sources, including Multiple Listing Service (MLS) feeds, municipal property tax registries, the U.S. Census Bureau’s American Community Survey (ACS), and verified historical deed transactions. This multi-tier aggregation ensures precision in tracking median home values and rental rates.

A municipality must meet minimum data-density thresholds—including consistent reporting population samples from the U.S. Census and active residential or commercial real estate transaction feeds—to ensure statistical significance before a complete scoring profile is published.

When primary agencies (such as the Bureau of Labor Statistics or U.S. Census Bureau) issue historical data revisions or benchmark corrections, Urblytica's data pipeline automatically re-indexes affected historical archives to maintain longitudinal trend accuracy.

U.S. affordability calculations incorporate federal income tax brackets, state-specific income tax rates, and local municipal tax variations to evaluate the true net tax drag on median household earnings across different states and cities.

Local county and municipal property tax millage rates are factored directly into the housing component of the cost-of-living index to reflect recurring annual tax burdens for homeowners.

The platform aggregates state sales taxes alongside county and city surtaxes to measure consumer basket purchasing power parity accurately across different retail jurisdictions.

Utility calculations apply regional seasonal consumption weightings, incorporating high summer air conditioning loads in southern states and heavy winter heating demands in northern states.

The index tracks average out-of-pocket healthcare expenses, routine outpatient visit costs, and regional health insurance premium benchmarks published by federal health agencies.

Educational metrics aggregate state standardized testing benchmarks, student-to-teacher ratios, high school graduation rates, and per-pupil expenditure data published by state departments of education.

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