Can A Carpenter Afford Rent in Laramie, WY?

Comfortably affordable — rent takes 25.6% of gross income.

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

Laramie median rent
$1,224/mo
Carpenter salary (Wyoming)
$57,284/yr
Rent as % of income
25.6%
Gross monthly income works out to about $4,774, and the 30% rule supports up to $1,432/mo in rent. Laramie's median rent of $1,224 leaves roughly $208/mo of headroom under that threshold. A carpenter works roughly 44.4 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 Laramie, which improves the affordability math on a carpenter salary:

Casper, WY
$1,223/mo (25.6% of income)
Gillette, WY
$1,223/mo (25.6% of income)
Casper, WY
$1,203/mo (25.2% of income)

Compare with full rent data for Laramie

View full rent data for Laramie, WY

Frequently asked questions

Can a carpenter afford rent in Laramie, WY?

Median rent in Laramie is $1,224 a month. A typical carpenter in Wyoming earns about $57,284 a year, which makes that rent 25.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Laramie?

Using the 30% rule, a carpenter salary in Wyoming (~$57,284/yr) supports up to $1,432 a month in rent. Laramie's current median rent is $1,224/mo, which leaves a $208/mo buffer.

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

At an hourly equivalent of about $28 an hour, a carpenter in Wyoming works roughly 44.4 hours a month to cover Laramie's median rent of $1,224.

Where is rent cheaper than Laramie for a carpenter?

Nearby Wyoming cities with lower median rent include Casper ($1,223/mo), Gillette ($1,223/mo), Casper ($1,203/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 Laramie, WY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.