Can A Carpenter Afford Rent in Cody, WY?

Comfortably affordable — rent takes 30% of gross income.

Cody rent: June 2026. Salary: BLS OEWS May 2024 (Wyoming state estimate).

Cody median rent
$1,431/mo
Carpenter salary (Wyoming)
$57,284/yr
Rent as % of income
30%
Gross monthly income works out to about $4,774, and the 30% rule supports up to $1,432/mo in rent. Cody's median rent of $1,431 leaves roughly $1/mo of headroom under that threshold. A carpenter works roughly 52 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These Wyoming cities have lower median rent than Cody, which improves the affordability math on a carpenter salary:

Sheridan, WY
$1,423/mo (29.8% of income)
Casper, WY
$1,410/mo (29.5% of income)
Casper, WY
$1,363/mo (28.6% of income)

Compare with full rent data for Cody

View full rent data for Cody, WY

Frequently asked questions

Can a carpenter afford rent in Cody, WY?

Median rent in Cody is $1,431 a month. A typical carpenter in Wyoming earns about $57,284 a year, which makes that rent 30% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Cody?

Using the 30% rule, a carpenter salary in Wyoming (~$57,284/yr) supports up to $1,432 a month in rent. Cody's current median rent is $1,431/mo, which leaves a $1/mo buffer.

How many hours does a carpenter work to cover rent in Cody?

At an hourly equivalent of about $28 an hour, a carpenter in Wyoming works roughly 52 hours a month to cover Cody's median rent of $1,431.

Where is rent cheaper than Cody for a carpenter?

Nearby Wyoming cities with lower median rent include Sheridan ($1,423/mo), Casper ($1,410/mo), Casper ($1,363/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived Wyoming state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Cody, WY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.